Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Declares $0.12 Dividend

Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) declared a dividend on Wednesday, August 2nd, NASDAQ reports. Investors of record on Friday, September 22nd will be given 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 Performance

NYSE DMO opened at $10.78 on Tuesday. The company has a 50-day simple moving average of $10.97 and a two-hundred day simple moving average of $10.67. Western Asset Mortgage Opportunity Fund has a 12-month low of $10.14 and a 12-month high of $11.84.

Hedge Funds Weigh In On Western Asset Mortgage Opportunity Fund

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Susquehanna International Group LLP boosted its stake in shares of Western Asset Mortgage Opportunity Fund by 20.1% during the first quarter. Susquehanna International Group LLP now owns 12,292 shares of the investment management company’s stock valued at $128,000 after purchasing an additional 2,059 shares during the period. SeaCrest Wealth Management LLC boosted its position in Western Asset Mortgage Opportunity Fund by 10.9% during the 4th quarter. SeaCrest Wealth Management LLC now owns 18,067 shares of the investment management company’s stock valued at $195,000 after buying an additional 1,776 shares during the period. Invesco Ltd. bought a new stake in Western Asset Mortgage Opportunity Fund in the 1st quarter worth $313,000. UBS Group AG increased its position in shares of Western Asset Mortgage Opportunity Fund by 165.2% in the third quarter. UBS Group AG now owns 49,903 shares of the investment management company’s stock valued at $554,000 after acquiring an additional 31,085 shares during the period. Finally, LPL Financial LLC raised its stake in shares of Western Asset Mortgage Opportunity Fund by 5.3% during the second quarter. LPL Financial LLC now owns 53,981 shares of the investment management company’s stock valued at $630,000 after acquiring an additional 2,729 shares during the last quarter.

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.