Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) Shares Sold by Aviance Capital Partners LLC

Aviance Capital Partners LLC lessened its holdings in Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,617 shares of the investment management company’s stock after selling 2,274 shares during the period. Aviance Capital Partners LLC’s holdings in Western Asset Mortgage Opportunity Fund were worth $331,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Atria Wealth Solutions Inc. acquired a new position in shares of Western Asset Mortgage Opportunity Fund in the 3rd quarter worth approximately $112,000. Raymond James Financial Services Advisors Inc. boosted its holdings in Western Asset Mortgage Opportunity Fund by 13.0% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 15,502 shares of the investment management company’s stock valued at $166,000 after acquiring an additional 1,786 shares during the period. Moors & Cabot Inc. grew its holdings in shares of Western Asset Mortgage Opportunity Fund by 14.4% in the third quarter. Moors & Cabot Inc. now owns 67,600 shares of the investment management company’s stock valued at $724,000 after purchasing an additional 8,500 shares in the last quarter. Advisor Partners II LLC acquired a new stake in Western Asset Mortgage Opportunity Fund during the 3rd quarter worth approximately $1,098,000. Finally, Consolidated Portfolio Review Corp boosted its position in Western Asset Mortgage Opportunity Fund by 0.9% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 234,024 shares of the investment management company’s stock valued at $2,506,000 after buying an additional 1,995 shares during the period.

Western Asset Mortgage Opportunity Fund Stock Up 0.5 %

Shares of Western Asset Mortgage Opportunity Fund stock traded up $0.05 during trading hours on Tuesday, reaching $11.58. 46,830 shares of the company were exchanged, compared to its average volume of 51,932. Western Asset Mortgage Opportunity Fund Inc. has a 1 year low of $10.00 and a 1 year high of $11.93. The stock’s fifty day moving average is $11.55 and its 200 day moving average is $11.17.

Western Asset Mortgage Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 23rd will be given a $0.125 dividend. This represents a $1.50 dividend on an annualized basis and a yield of 12.96%. The ex-dividend date is Wednesday, May 22nd.

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.