Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Shares Sold by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. reduced its position in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 55.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,562 shares of the closed-end fund’s stock after selling 40,882 shares during the period. Landscape Capital Management L.L.C.’s holdings in Western Asset High Income Opportunity Fund were worth $128,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of HIO. Avantax Advisory Services Inc. purchased a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter worth about $43,000. Independent Advisor Alliance purchased a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter worth about $44,000. Jackson Hole Capital Partners LLC purchased a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter worth about $54,000. Choreo LLC purchased a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter worth about $58,000. Finally, Fourpath Capital Management LLC purchased a new position in shares of Western Asset High Income Opportunity Fund during the 4th quarter worth about $61,000.

Western Asset High Income Opportunity Fund Trading Up 3.8 %

Shares of HIO stock opened at $3.84 on Thursday. Western Asset High Income Opportunity Fund Inc. has a 1-year low of $3.36 and a 1-year high of $4.15. The firm’s 50-day simple moving average is $3.98 and its 200-day simple moving average is $3.97.

Western Asset High Income Opportunity Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 25th were issued a $0.0355 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a yield of 10.47%.

Western Asset High Income Opportunity Fund Company 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.