Western Asset Mortgage Opportunity Fund Inc. (DMO) to Issue Dividend of $0.12 on October 2nd

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) announced a dividend on Wednesday, August 2nd, NASDAQ reports. Investors of record on Friday, September 22nd will be paid a dividend of 0.115 per share by the investment management company on Monday, October 2nd. The ex-dividend date is Thursday, September 21st.

Western Asset Mortgage Opportunity Fund Stock Up 0.2 %

Shares of NYSE DMO traded up $0.02 during mid-day trading on Tuesday, hitting $10.80. The stock had a trading volume of 4,070 shares, compared to its average volume of 48,623. The business has a 50 day moving average price of $10.97 and a two-hundred day moving average price of $10.67. Western Asset Mortgage Opportunity Fund has a 1 year low of $10.14 and a 1 year high of $11.81.

Institutional Investors Weigh In On Western Asset Mortgage Opportunity Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Susquehanna International Group LLP grew its holdings in shares of Western Asset Mortgage Opportunity Fund by 20.1% during the 1st quarter. Susquehanna International Group LLP now owns 12,292 shares of the investment management company’s stock worth $128,000 after acquiring an additional 2,059 shares during the period. SeaCrest Wealth Management LLC increased its stake in shares of Western Asset Mortgage Opportunity Fund by 10.9% during the fourth quarter. SeaCrest Wealth Management LLC now owns 18,067 shares of the investment management company’s stock valued at $195,000 after purchasing an additional 1,776 shares in the last quarter. Invesco Ltd. bought a new stake in shares of Western Asset Mortgage Opportunity Fund in the 1st quarter worth approximately $313,000. UBS Group AG grew its stake in shares of Western Asset Mortgage Opportunity Fund by 165.2% in the 3rd quarter. UBS Group AG now owns 49,903 shares of the investment management company’s stock worth $554,000 after buying an additional 31,085 shares during the last quarter. Finally, LPL Financial LLC increased its position in Western Asset Mortgage Opportunity Fund by 5.3% during the 2nd quarter. LPL Financial LLC now owns 53,981 shares of the investment management company’s stock valued at $630,000 after buying an additional 2,729 shares in the last quarter.

Western Asset Mortgage Opportunity Fund Company Profile

Western Asset Mortgage Opportunity Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It invests in the fixed income markets of the United States.