Consolidated Portfolio Review Corp Boosts Stock Position in Western Asset Mortgage Opportunity Fund Inc. $DMO

Consolidated Portfolio Review Corp raised its stake in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) by 5.7% during the 2nd quarter, HoldingsChannel reports. The firm owned 183,114 shares of the investment management company’s stock after acquiring an additional 9,916 shares during the period. Consolidated Portfolio Review Corp’s holdings in Western Asset Mortgage Opportunity Fund were worth $2,186,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DMO. Riverbridge Partners LLC lifted its stake in shares of Western Asset Mortgage Opportunity Fund by 3.9% in the 2nd quarter. Riverbridge Partners LLC now owns 44,664 shares of the investment management company’s stock worth $533,000 after acquiring an additional 1,696 shares during the period. Choreo LLC boosted its holdings in Western Asset Mortgage Opportunity Fund by 6.2% in the 1st quarter. Choreo LLC now owns 32,797 shares of the investment management company’s stock valued at $388,000 after purchasing an additional 1,902 shares in the last quarter. SeaCrest Wealth Management LLC increased its position in Western Asset Mortgage Opportunity Fund by 6.1% during the 1st quarter. SeaCrest Wealth Management LLC now owns 35,053 shares of the investment management company’s stock worth $414,000 after purchasing an additional 2,030 shares during the period. Thomas J. Herzfeld Advisors Inc. increased its position in Western Asset Mortgage Opportunity Fund by 4.6% during the 1st quarter. Thomas J. Herzfeld Advisors Inc. now owns 140,994 shares of the investment management company’s stock worth $1,667,000 after purchasing an additional 6,202 shares during the period. Finally, Aviance Capital Partners LLC raised its stake in shares of Western Asset Mortgage Opportunity Fund by 26.0% during the 1st quarter. Aviance Capital Partners LLC now owns 32,343 shares of the investment management company’s stock worth $382,000 after buying an additional 6,665 shares in the last quarter.

Western Asset Mortgage Opportunity Fund Price Performance

DMO opened at $11.74 on Wednesday. Western Asset Mortgage Opportunity Fund Inc. has a 12 month low of $10.81 and a 12 month high of $12.32. The business has a 50 day simple moving average of $11.88 and a 200-day simple moving average of $11.77.

Western Asset Mortgage Opportunity Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Friday, October 24th will be given a dividend of $0.13 per share. This represents a c) annualized dividend and a dividend yield of 13.3%. The ex-dividend date is Friday, October 24th.

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.