Kelleher Financial Advisors Invests $125,000 in Western Asset High Income Opportunity Fund Inc. $HIO

Kelleher Financial Advisors bought a new position in shares of Western Asset High Income Opportunity Fund Inc. (NYSE:HIO) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 31,364 shares of the closed-end fund’s stock, valued at approximately $125,000.

Several other institutional investors have also recently made changes to their positions in the stock. Penserra Capital Management LLC lifted its holdings in shares of Western Asset High Income Opportunity Fund by 3.0% in the 2nd quarter. Penserra Capital Management LLC now owns 1,228,551 shares of the closed-end fund’s stock worth $4,889,000 after purchasing an additional 36,308 shares in the last quarter. Shaker Financial Services LLC purchased a new stake in shares of Western Asset High Income Opportunity Fund in the second quarter worth approximately $802,000. Envestnet Asset Management Inc. grew its holdings in Western Asset High Income Opportunity Fund by 17.1% during the second quarter. Envestnet Asset Management Inc. now owns 126,879 shares of the closed-end fund’s stock worth $505,000 after buying an additional 18,547 shares in the last quarter. Stratos Wealth Partners LTD. grew its stake in shares of Western Asset High Income Opportunity Fund by 72.1% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 59,675 shares of the closed-end fund’s stock worth $238,000 after acquiring an additional 25,008 shares in the last quarter. Finally, Concurrent Investment Advisors LLC purchased a new stake in Western Asset High Income Opportunity Fund during the second quarter worth about $194,000.

Western Asset High Income Opportunity Fund Stock Performance

Shares of Western Asset High Income Opportunity Fund stock opened at $3.81 on Wednesday. The stock’s 50-day simple moving average is $3.88 and its 200 day simple moving average is $3.91. Western Asset High Income Opportunity Fund Inc. has a 52-week low of $3.36 and a 52-week high of $4.15.

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.