Consolidated Portfolio Review Corp Sells 8,913 Shares of Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO)

Consolidated Portfolio Review Corp decreased its position in shares of Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO) by 4.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 179,515 shares of the investment management company’s stock after selling 8,913 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Western Asset Mortgage Opportunity Fund were worth $2,149,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. SeaCrest Wealth Management LLC boosted its position in shares of Western Asset Mortgage Opportunity Fund by 8.3% during the first quarter. SeaCrest Wealth Management LLC now owns 21,249 shares of the investment management company’s stock valued at $249,000 after buying an additional 1,626 shares during the last quarter. Choreo LLC purchased a new stake in shares of Western Asset Mortgage Opportunity Fund during the 1st quarter valued at about $357,000. Robinson Capital Management LLC purchased a new stake in shares of Western Asset Mortgage Opportunity Fund during the 1st quarter valued at about $423,000. Finally, Integrated Capital Management Inc. grew its stake in shares of Western Asset Mortgage Opportunity Fund by 9.8% in the second quarter. Integrated Capital Management Inc. now owns 15,490 shares of the investment management company’s stock worth $185,000 after acquiring an additional 1,381 shares during the period.

Western Asset Mortgage Opportunity Fund Stock Up 0.1 %

Western Asset Mortgage Opportunity Fund stock traded up $0.02 during midday trading on Friday, reaching $12.09. 30,096 shares of the company traded hands, compared to its average volume of 55,950. Western Asset Mortgage Opportunity Fund Inc. has a 12 month low of $10.00 and a 12 month high of $12.34. The business has a 50 day moving average of $12.08 and a two-hundred day moving average of $11.92.

Western Asset Mortgage Opportunity Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Thursday, November 21st will be issued a dividend of $0.13 per share. The ex-dividend date is Thursday, November 21st. This represents a $1.56 annualized dividend and a dividend yield of 12.90%.

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.