FCA Corp TX Buys 80,751 Shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO)

FCA Corp TX raised its stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) by 8.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,089,059 shares of the closed-end fund’s stock after purchasing an additional 80,751 shares during the quarter. Western Asset High Income Opportunity Fund accounts for about 1.3% of FCA Corp TX’s investment portfolio, making the stock its 22nd biggest position. FCA Corp TX’s holdings in Western Asset High Income Opportunity Fund were worth $4,280,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in HIO. Horizon Kinetics Asset Management LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund during the 3rd quarter valued at about $41,000. Avantax Advisory Services Inc. acquired a new stake in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at about $43,000. Independent Advisor Alliance acquired a new stake in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at about $44,000. Jackson Hole Capital Partners LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at about $54,000. Finally, Choreo LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund during the 4th quarter valued at about $58,000.

Western Asset High Income Opportunity Fund Trading Up 0.4 %

Shares of Western Asset High Income Opportunity Fund stock opened at $4.07 on Friday. The firm’s 50-day simple moving average is $4.00 and its 200-day simple moving average is $3.99. Western Asset High Income Opportunity Fund Inc. has a twelve month low of $3.69 and a twelve month high of $4.15.

Western Asset High Income Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th will be given a $0.0355 dividend. The ex-dividend date is Monday, March 24th. This represents a $0.43 dividend on an annualized basis and a yield of 10.48%.

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.