Capital Investment Advisors LLC Raises Stock Position in Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO)

Capital Investment Advisors LLC increased its position in shares of Western Asst High Incm Opprtnty Fnd Inc. (NYSE:HIO) by 8.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,301,520 shares of the closed-end fund’s stock after purchasing an additional 102,270 shares during the period. Capital Investment Advisors LLC’s holdings in Western Asst High Incm Opprtnty Fnd were worth $6,573,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. FCA Corp TX boosted its stake in shares of Western Asst High Incm Opprtnty Fnd by 1.4% during the 2nd quarter. FCA Corp TX now owns 938,632 shares of the closed-end fund’s stock worth $4,815,000 after purchasing an additional 12,566 shares during the period. First Trust Advisors LP purchased a new position in shares of Western Asst High Incm Opprtnty Fnd during the 2nd quarter worth about $279,000. Wells Fargo & Company MN boosted its stake in shares of Western Asst High Incm Opprtnty Fnd by 7.5% during the 2nd quarter. Wells Fargo & Company MN now owns 625,517 shares of the closed-end fund’s stock worth $3,209,000 after purchasing an additional 43,560 shares during the period. Sawtooth Solutions LLC purchased a new position in shares of Western Asst High Incm Opprtnty Fnd during the 2nd quarter worth about $59,000. Finally, Advisor Group Inc. boosted its stake in shares of Western Asst High Incm Opprtnty Fnd by 18.3% during the 2nd quarter. Advisor Group Inc. now owns 91,177 shares of the closed-end fund’s stock worth $468,000 after purchasing an additional 14,112 shares during the period.

HIO stock opened at $5.07 on Friday. Western Asst High Incm Opprtnty Fnd Inc. has a 12 month low of $4.14 and a 12 month high of $5.17. The company has a 50-day moving average price of $5.05 and a 200 day moving average price of $5.02.

The company also recently declared a dividend, which will be paid on Friday, November 1st. Investors of record on Friday, October 18th will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Thursday, October 17th.

Western Asst High Incm Opprtnty Fnd 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.

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Institutional Ownership by Quarter for Western Asst High Incm Opprtnty Fnd (NYSE:HIO)

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