Commonwealth Equity Services LLC Has $259,000 Stake in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO)

Commonwealth Equity Services LLC grew its holdings in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) by 18.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,911 shares of the investment management company’s stock after acquiring an additional 3,391 shares during the period. Commonwealth Equity Services LLC’s holdings in Western Asset Mortgage Opportunity Fund were worth $259,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Integrated Capital Management Inc. increased its stake in Western Asset Mortgage Opportunity Fund by 5.9% during the fourth quarter. Integrated Capital Management Inc. now owns 16,437 shares of the investment management company’s stock valued at $194,000 after acquiring an additional 919 shares during the period. Journey Strategic Wealth LLC raised its position in Western Asset Mortgage Opportunity Fund by 11.7% in the 4th quarter. Journey Strategic Wealth LLC now owns 12,850 shares of the investment management company’s stock worth $152,000 after purchasing an additional 1,350 shares during the last quarter. MML Investors Services LLC grew its position in shares of Western Asset Mortgage Opportunity Fund by 1.3% during the 3rd quarter. MML Investors Services LLC now owns 113,465 shares of the investment management company’s stock worth $1,358,000 after buying an additional 1,403 shares during the period. Aviance Capital Partners LLC lifted its stake in Western Asset Mortgage Opportunity Fund by 12.7% in the fourth quarter. Aviance Capital Partners LLC now owns 25,678 shares of the investment management company’s stock valued at $303,000 after buying an additional 2,901 shares during the period. Finally, SeaCrest Wealth Management LLC raised its stake in Western Asset Mortgage Opportunity Fund by 21.6% during the 4th quarter. SeaCrest Wealth Management LLC now owns 33,023 shares of the investment management company’s stock worth $390,000 after buying an additional 5,859 shares during the period.

Western Asset Mortgage Opportunity Fund Stock Performance

Shares of Western Asset Mortgage Opportunity Fund stock opened at $11.30 on Wednesday. The stock’s 50-day moving average is $11.80 and its 200-day moving average is $11.90. Western Asset Mortgage Opportunity Fund Inc. has a one year low of $10.81 and a one year high of $12.34.

Western Asset Mortgage Opportunity Fund Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th were given a dividend of $0.13 per share. The ex-dividend date was Monday, March 24th. This represents a yield of 13.05%.

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.