DoubleLine Yield Opportunities Fund (NYSE:DLY) Shares Up 0.3%

DoubleLine Yield Opportunities Fund (NYSE:DLY)’s share price shot up 0.3% during mid-day trading on Monday . The stock traded as high as $15.18 and last traded at $15.16. 101,887 shares were traded during trading, a decline of 47% from the average session volume of 192,001 shares. The stock had previously closed at $15.11.

DoubleLine Yield Opportunities Fund Stock Up 0.3 %

The company has a fifty day simple moving average of $15.62 and a two-hundred day simple moving average of $14.97.

DoubleLine Yield Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Thursday, April 18th will be issued a $0.1167 dividend. The ex-dividend date is Wednesday, April 17th. This represents a $1.40 annualized dividend and a yield of 9.24%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN grew its stake in shares of DoubleLine Yield Opportunities Fund by 26.9% during the 4th quarter. Wells Fargo & Company MN now owns 1,234,395 shares of the company’s stock valued at $18,355,000 after buying an additional 261,626 shares during the period. PFG Investments LLC purchased a new stake in shares of DoubleLine Yield Opportunities Fund during the 1st quarter valued at $3,028,000. Vivaldi Capital Management LP purchased a new stake in shares of DoubleLine Yield Opportunities Fund during the 4th quarter valued at $1,323,000. Gridiron Partners LLC purchased a new stake in shares of DoubleLine Yield Opportunities Fund during the 4th quarter valued at $1,140,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in DoubleLine Yield Opportunities Fund by 46.5% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 148,603 shares of the company’s stock worth $2,189,000 after purchasing an additional 47,197 shares during the period.

About DoubleLine Yield Opportunities Fund

DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.

The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.

The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.