DoubleLine Yield Opportunities Fund (NYSE:DLY) Trading 0.3% Higher

DoubleLine Yield Opportunities Fund (NYSE:DLY)’s stock price traded up 0.3% during mid-day trading on Monday . The company traded as high as $15.18 and last traded at $15.16. 101,887 shares traded hands during mid-day trading, a decline of 47% from the average session volume of 192,001 shares. The stock had previously closed at $15.11.

DoubleLine Yield Opportunities Fund Price Performance

The stock has a 50-day simple moving average of $15.61 and a 200-day simple moving average of $14.98.

DoubleLine Yield Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Thursday, April 18th will be given a $0.1167 dividend. This represents a $1.40 annualized dividend and a dividend yield of 9.27%. The ex-dividend date is Wednesday, April 17th.

Hedge Funds Weigh In On DoubleLine Yield Opportunities Fund

Hedge funds have recently made changes to their positions in the stock. Spire Wealth Management purchased a new position in DoubleLine Yield Opportunities Fund during the fourth quarter worth about $25,000. Larson Financial Group LLC grew its position in DoubleLine Yield Opportunities Fund by 154.9% during the fourth quarter. Larson Financial Group LLC now owns 2,139 shares of the company’s stock worth $32,000 after buying an additional 1,300 shares in the last quarter. Tidemark LLC purchased a new position in DoubleLine Yield Opportunities Fund during the fourth quarter worth about $61,000. Wealthcare Advisory Partners LLC purchased a new position in DoubleLine Yield Opportunities Fund during the first quarter worth about $164,000. Finally, Realta Investment Advisors purchased a new position in DoubleLine Yield Opportunities Fund during the fourth quarter worth about $227,000.

DoubleLine Yield Opportunities Fund Company Profile

DoubleLine Yield Opportunities Fund (the “Fund”) is a limited term closed-end management investment company.

The Fund’s investment objective is to seek a high level of total return, with an emphasis on current income.

The Fund will seek to achieve its investment objective by investing in a portfolio of investments selected for its potential to provide a high level of total return, with an emphasis on current income.