Thrivent Financial for Lutherans Increases Holdings in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

Thrivent Financial for Lutherans grew its holdings in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 1.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 531,334 shares of the closed-end fund’s stock after acquiring an additional 6,000 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Western Asset High Income Opportunity Fund were worth $2,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Sequoia Financial Advisors LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the 3rd quarter worth $40,000. Litman Gregory Wealth Management LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the 3rd quarter worth $57,000. Sanctuary Advisors LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the 2nd quarter worth $59,000. Cetera Advisors LLC bought a new position in shares of Western Asset High Income Opportunity Fund during the 1st quarter worth $63,000. Finally, Raymond James Trust N.A. grew its stake in shares of Western Asset High Income Opportunity Fund by 23.0% during the 2nd quarter. Raymond James Trust N.A. now owns 18,003 shares of the closed-end fund’s stock worth $69,000 after acquiring an additional 3,361 shares during the period.

Western Asset High Income Opportunity Fund Stock Performance

HIO stock opened at $3.95 on Thursday. 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. The stock has a fifty day moving average of $3.99 and a 200-day moving average of $3.91.

Western Asset High Income Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a $0.0355 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $0.43 annualized dividend and a yield of 10.78%.

Western Asset High Income Opportunity Fund 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.