DoubleLine Yield Opportunities Fund (NYSE:DLY) Trading 0.3% Higher – What’s Next?

Shares of DoubleLine Yield Opportunities Fund (NYSE:DLY) traded up 0.3% during trading on Friday . The stock traded as high as $15.95 and last traded at $15.93. 82,641 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 124,563 shares. The stock had previously closed at $15.89.

DoubleLine Yield Opportunities Fund Price Performance

The business has a 50-day moving average of $16.10 and a 200 day moving average of $16.18.

DoubleLine Yield Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.1167 per share. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $1.40 dividend on an annualized basis and a yield of 8.79%.

Institutional Trading of DoubleLine Yield Opportunities Fund

A number of institutional investors have recently bought and sold shares of the stock. World Investment Advisors LLC bought a new position in shares of DoubleLine Yield Opportunities Fund during the third quarter valued at approximately $40,941,000. Pathway Financial Advisers LLC boosted its holdings in DoubleLine Yield Opportunities Fund by 1,569.8% during the 3rd quarter. Pathway Financial Advisers LLC now owns 605,257 shares of the company’s stock valued at $10,041,000 after acquiring an additional 569,009 shares during the period. HighTower Advisors LLC grew its position in DoubleLine Yield Opportunities Fund by 2.8% in the 3rd quarter. HighTower Advisors LLC now owns 447,305 shares of the company’s stock valued at $7,424,000 after acquiring an additional 12,197 shares during the last quarter. Creekside Partners grew its position in DoubleLine Yield Opportunities Fund by 0.6% in the 3rd quarter. Creekside Partners now owns 113,219 shares of the company’s stock valued at $1,878,000 after acquiring an additional 623 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its stake in DoubleLine Yield Opportunities Fund by 0.9% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 74,414 shares of the company’s stock worth $1,178,000 after purchasing an additional 640 shares during the period.

DoubleLine Yield Opportunities Fund Company Profile

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.