Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Shares of Western Asset Inflation-Linked Opportunities & Income Fund (NYSE:WIW) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $8.61 and traded as low as $8.48. Western Asset Inflation-Linked Opportunities & Income Fund shares last traded at $8.5050, with a volume of 132,319 shares.

Western Asset Inflation-Linked Opportunities & Income Fund Stock Up 0.3%

The business’s fifty day moving average price is $8.50 and its 200 day moving average price is $8.61.

Western Asset Inflation-Linked Opportunities & Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 24th will be issued a $0.0625 dividend. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date is Monday, August 24th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 3.5% in the 1st quarter. Bank of America Corp DE now owns 777,957 shares of the investment management company’s stock valued at $6,582,000 after buying an additional 26,325 shares during the last quarter. Quantinno Capital Management LP bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 1st quarter valued at approximately $561,000. First Trust Advisors LP raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 9.7% in the 1st quarter. First Trust Advisors LP now owns 353,195 shares of the investment management company’s stock valued at $2,988,000 after buying an additional 31,198 shares during the last quarter. GatePass Capital LLC bought a new position in Western Asset Inflation-Linked Opportunities & Income Fund in the 1st quarter valued at approximately $822,000. Finally, NWF Advisory Services Inc. raised its holdings in Western Asset Inflation-Linked Opportunities & Income Fund by 3.2% in the 1st quarter. NWF Advisory Services Inc. now owns 156,450 shares of the investment management company’s stock valued at $1,324,000 after buying an additional 4,800 shares during the last quarter.

About Western Asset Inflation-Linked Opportunities & Income Fund

Western Asset Inflation-Linked Opportunities & Income Fund (NYSE: WIW) is a closed-end management investment company whose primary objective is to provide total return through a combination of income and capital appreciation. The fund achieves this by investing predominantly in inflation-linked debt securities issued by U.S. and foreign governments, government agencies and supranational entities. By focusing on inflation-indexed instruments, the fund seeks to protect purchasing power and offer a potential hedge against rising consumer prices.

The fund typically allocates a substantial portion of its assets to U.S.