25,310 Shares in Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) Acquired by Shaker Financial Services LLC

Shaker Financial Services LLC acquired a new stake in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 25,310 shares of the closed-end fund’s stock, valued at approximately $103,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Sequoia Financial Advisors LLC purchased a new stake in shares of Western Asset High Income Opportunity Fund during the 3rd quarter worth about $40,000. Litman Gregory Wealth Management LLC bought a new position in Western Asset High Income Opportunity Fund during the third quarter valued at approximately $57,000. Sanctuary Advisors LLC acquired a new stake in Western Asset High Income Opportunity Fund in the second quarter valued at approximately $59,000. Cetera Advisors LLC bought a new stake in Western Asset High Income Opportunity Fund in the first quarter worth approximately $63,000. Finally, Raymond James Trust N.A. increased 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 purchasing an additional 3,361 shares during the last quarter.

Western Asset High Income Opportunity Fund Price Performance

HIO stock opened at $4.00 on Friday. Western Asset High Income Opportunity Fund Inc. has a 1 year low of $3.67 and a 1 year high of $4.07. The company has a fifty day simple moving average of $4.00 and a 200 day simple moving average of $3.89.

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.