Western Asset Mortgage Opportunity Fund Inc. (NYSE:DMO – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.99 and traded as low as $11.92. Western Asset Mortgage Opportunity Fund shares last traded at $11.94, with a volume of 59,713 shares changing hands.
Western Asset Mortgage Opportunity Fund Price Performance
The business’s fifty day moving average price is $12.08 and its 200 day moving average price is $11.99.
Institutional Investors Weigh In On Western Asset Mortgage Opportunity Fund
Hedge funds have recently made changes to their positions in the business. Integrated Capital Management Inc. increased its stake in Western Asset Mortgage Opportunity Fund by 9.8% in the 2nd quarter. Integrated Capital Management Inc. now owns 15,490 shares of the investment management company’s stock valued at $185,000 after buying an additional 1,381 shares during the period. Walleye Capital LLC purchased a new stake in Western Asset Mortgage Opportunity Fund in the 3rd quarter valued at approximately $244,000. SeaCrest Wealth Management LLC increased its position in Western Asset Mortgage Opportunity Fund by 5.7% during the 2nd quarter. SeaCrest Wealth Management LLC now owns 22,458 shares of the investment management company’s stock worth $268,000 after purchasing an additional 1,209 shares during the period. Robinson Capital Management LLC purchased a new position in shares of Western Asset Mortgage Opportunity Fund during the 1st quarter worth approximately $423,000. Finally, MML Investors Services LLC lifted its holdings in shares of Western Asset Mortgage Opportunity Fund by 1.3% in the 3rd quarter. MML Investors Services LLC now owns 113,465 shares of the investment management company’s stock valued at $1,358,000 after buying an additional 1,403 shares during the period.
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.
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