Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. trimmed its holdings in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) by 20.9% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 13,716 shares of the investment management company’s stock after selling 3,635 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Western Asset Mortgage Opportunity Fund were worth $145,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of DMO. Morgan Stanley raised its holdings in Western Asset Mortgage Opportunity Fund by 11.4% in the 4th quarter. Morgan Stanley now owns 385,680 shares of the investment management company’s stock valued at $4,154,000 after acquiring an additional 39,582 shares during the last quarter. Thomas J. Herzfeld Advisors Inc. raised its holdings in Western Asset Mortgage Opportunity Fund by 12.1% in the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 288,343 shares of the investment management company’s stock valued at $3,013,000 after acquiring an additional 31,172 shares during the last quarter. Consolidated Portfolio Review Corp acquired a new stake in shares of Western Asset Mortgage Opportunity Fund in the first quarter valued at approximately $2,260,000. Guggenheim Capital LLC increased its holdings in shares of Western Asset Mortgage Opportunity Fund by 15.3% in the first quarter. Guggenheim Capital LLC now owns 148,219 shares of the investment management company’s stock valued at $1,549,000 after purchasing an additional 19,670 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Western Asset Mortgage Opportunity Fund by 4.1% in the third quarter. Envestnet Asset Management Inc. now owns 134,251 shares of the investment management company’s stock valued at $1,492,000 after purchasing an additional 5,280 shares during the last quarter.

Western Asset Mortgage Opportunity Fund Stock Down 0.7 %

NYSE:DMO opened at $10.62 on Tuesday. Western Asset Mortgage Opportunity Fund Inc. has a one year low of $10.00 and a one year high of $11.66. The stock has a 50 day moving average price of $10.64 and a 200 day moving average price of $10.67.

Western Asset Mortgage Opportunity Fund 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.