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

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

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

Hedge Funds Weigh In On Western Asset Mortgage Opportunity Fund

A number of hedge funds have recently bought and sold shares of DMO. Susquehanna International Group LLP grew its stake in shares of Western Asset Mortgage Opportunity Fund by 20.1% in the first quarter. Susquehanna International Group LLP now owns 12,292 shares of the investment management company’s stock worth $128,000 after acquiring an additional 2,059 shares during the period. SeaCrest Wealth Management LLC grew its position in Western Asset Mortgage Opportunity Fund by 10.9% in the 4th quarter. SeaCrest Wealth Management LLC now owns 18,067 shares of the investment management company’s stock worth $195,000 after purchasing an additional 1,776 shares during the period. Invesco Ltd. purchased a new stake in Western Asset Mortgage Opportunity Fund during the 1st quarter valued at $313,000. UBS Group AG lifted its holdings in shares of Western Asset Mortgage Opportunity Fund by 165.2% during the 3rd quarter. UBS Group AG now owns 49,903 shares of the investment management company’s stock valued at $554,000 after buying an additional 31,085 shares during the period. Finally, LPL Financial LLC boosted its stake in shares of Western Asset Mortgage Opportunity Fund by 5.3% in the 2nd quarter. LPL Financial LLC now owns 53,981 shares of the investment management company’s stock worth $630,000 after buying 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.