Corps Capital Advisors LLC Purchases New Shares in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Corps Capital Advisors LLC purchased a new stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 25,000 shares of the closed-end fund’s stock, valued at approximately $98,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of HIO. Sequoia Financial Advisors LLC purchased a new stake in Western Asset High Income Opportunity Fund during the 3rd quarter valued at $40,000. Litman Gregory Wealth Management LLC purchased a new stake in Western Asset High Income Opportunity Fund during the 3rd quarter valued at $57,000. Pathway Financial Advisers LLC raised its holdings in Western Asset High Income Opportunity Fund by 2.3% during the 3rd quarter. Pathway Financial Advisers LLC now owns 268,509 shares of the closed-end fund’s stock valued at $1,087,000 after buying an additional 5,952 shares during the period. Chicago Partners Investment Group LLC raised its holdings in Western Asset High Income Opportunity Fund by 8.1% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 551,872 shares of the closed-end fund’s stock valued at $2,196,000 after buying an additional 41,420 shares during the period. Finally, Shaker Financial Services LLC purchased a new stake in Western Asset High Income Opportunity Fund during the 3rd quarter valued at $103,000.

Western Asset High Income Opportunity Fund Stock Performance

NYSE:HIO opened at $4.04 on Thursday. The stock’s fifty day moving average is $3.96 and its 200 day moving average is $3.96. Western Asset High Income Opportunity Fund Inc. has a fifty-two week low of $3.69 and a fifty-two week high of $4.07.

Western Asset High Income Opportunity Fund Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 3rd. Shareholders of record on Monday, January 27th were paid a $0.0355 dividend. This is a positive change from Western Asset High Income Opportunity Fund’s previous dividend of $0.03. The ex-dividend date of this dividend was Friday, January 24th. This represents a yield of 10.81%.

About Western Asset High Income Opportunity Fund

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.