Everstar Asset Management LLC Sells 7,119 Shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Everstar Asset Management LLC lowered its position in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 11.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,627 shares of the closed-end fund’s stock after selling 7,119 shares during the period. Everstar Asset Management LLC’s holdings in Western Asset High Income Opportunity Fund were worth $215,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new position in Western Asset High Income Opportunity Fund in the fourth quarter worth about $2,759,000. LPL Financial LLC boosted its holdings in shares of Western Asset High Income Opportunity Fund by 256.1% in the fourth quarter. LPL Financial LLC now owns 277,938 shares of the closed-end fund’s stock worth $1,092,000 after buying an additional 199,893 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of Western Asset High Income Opportunity Fund by 3.1% in the fourth quarter. Capital Investment Advisors LLC now owns 3,516,137 shares of the closed-end fund’s stock worth $13,818,000 after buying an additional 105,435 shares during the last quarter. FCA Corp TX grew its position in Western Asset High Income Opportunity Fund by 8.0% during the fourth quarter. FCA Corp TX now owns 1,089,059 shares of the closed-end fund’s stock valued at $4,280,000 after buying an additional 80,751 shares during the period. Finally, Rareview Capital LLC increased its holdings in Western Asset High Income Opportunity Fund by 9.7% during the fourth quarter. Rareview Capital LLC now owns 685,970 shares of the closed-end fund’s stock valued at $2,778,000 after buying an additional 60,612 shares during the last quarter.

Western Asset High Income Opportunity Fund Trading Down 0.6 %

Shares of Western Asset High Income Opportunity Fund stock opened at $3.99 on Tuesday. Western Asset High Income Opportunity Fund Inc. has a 1-year low of $3.69 and a 1-year high of $4.15. The company’s fifty day simple moving average is $4.01 and its 200-day simple moving average is $3.99.

Western Asset High Income Opportunity Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be issued a dividend of $0.0355 per share. This represents a yield of 10.47%. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset High Income Opportunity Fund Company Profile

Western Asset High Income Opportunity Fund Inc is a closed ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company and Western Asset Management Company Limited. The fund invests in the fixed income markets of the United States.