KKR Income Opportunities Fund (NYSE:KIO) Stock Price Crosses Below 50 Day Moving Average of $15.43

KKR Income Opportunities Fund (NYSE:KIO)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $15.43 and traded as low as $15.23. KKR Income Opportunities Fund shares last traded at $15.23, with a volume of 4,474 shares.

The firm has a 50 day moving average of $15.43 and a 200-day moving average of $15.64.

The company also recently disclosed a dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 13th were paid a $0.125 dividend. The ex-dividend date was Thursday, September 12th.

Hedge funds and other institutional investors have recently made changes to their positions in the business. First Allied Advisory Services Inc. boosted its position in KKR Income Opportunities Fund by 20.2% during the 2nd quarter. First Allied Advisory Services Inc. now owns 13,079 shares of the investment management company’s stock valued at $206,000 after acquiring an additional 2,200 shares in the last quarter. HighTower Advisors LLC boosted its position in KKR Income Opportunities Fund by 24.3% during the 2nd quarter. HighTower Advisors LLC now owns 16,161 shares of the investment management company’s stock valued at $254,000 after acquiring an additional 3,162 shares in the last quarter. SeaCrest Wealth Management LLC boosted its position in KKR Income Opportunities Fund by 18.2% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 19,257 shares of the investment management company’s stock valued at $303,000 after acquiring an additional 2,967 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its position in KKR Income Opportunities Fund by 16.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 32,149 shares of the investment management company’s stock valued at $506,000 after acquiring an additional 4,478 shares in the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in KKR Income Opportunities Fund by 15.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 42,995 shares of the investment management company’s stock valued at $676,000 after acquiring an additional 5,740 shares in the last quarter.

KKR Income Opportunities Fund Company Profile (NYSE:KIO)

KKR Income Opportunities Fund is a close ended fixed income mutual fund launched by Kohlberg Kravis Roberts & Co L.P. The fund is managed by KKR Asset Management LLC. It invests in fixed income markets and hedging markets across the globe. The fund primarily invests in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments.

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