SeaCrest Wealth Management LLC Acquires 2,030 Shares of Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO)

SeaCrest Wealth Management LLC boosted its holdings in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) by 6.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,053 shares of the investment management company’s stock after buying an additional 2,030 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Western Asset Mortgage Opportunity Fund were worth $414,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Choreo LLC raised its holdings in Western Asset Mortgage Opportunity Fund by 30.0% in the 4th quarter. Choreo LLC now owns 30,895 shares of the investment management company’s stock valued at $365,000 after buying an additional 7,127 shares during the last quarter. Raymond James Financial Inc. bought a new position in Western Asset Mortgage Opportunity Fund in the 4th quarter valued at approximately $842,000. Comerica Bank raised its holdings in Western Asset Mortgage Opportunity Fund by 2,631.8% in the 4th quarter. Comerica Bank now owns 9,015 shares of the investment management company’s stock valued at $106,000 after buying an additional 8,685 shares during the last quarter. Envestnet Asset Management Inc. increased its position in Western Asset Mortgage Opportunity Fund by 2.3% during the 4th quarter. Envestnet Asset Management Inc. now owns 205,413 shares of the investment management company’s stock valued at $2,424,000 after purchasing an additional 4,573 shares during the period. Finally, LPL Financial LLC increased its position in Western Asset Mortgage Opportunity Fund by 6.8% during the 4th quarter. LPL Financial LLC now owns 88,230 shares of the investment management company’s stock valued at $1,041,000 after purchasing an additional 5,627 shares during the period.

Western Asset Mortgage Opportunity Fund Price Performance

NYSE:DMO opened at $11.83 on Friday. The company has a 50 day simple moving average of $11.54 and a two-hundred day simple moving average of $11.74. Western Asset Mortgage Opportunity Fund Inc. has a fifty-two week low of $10.81 and a fifty-two week high of $12.34.

Western Asset Mortgage Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 22nd will be given a dividend of $0.13 per share. This represents a $1.56 dividend on an annualized basis and a yield of 13.19%. The ex-dividend date is Friday, August 22nd.

About Western Asset Mortgage Opportunity Fund

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.