FNY Investment Advisers LLC Acquires Shares of 7,862 Western Asset Mrtg Defined Oppn Fund Inc (DMO)

FNY Investment Advisers LLC acquired a new position in Western Asset Mrtg Defined Oppn Fund Inc (NYSE:DMO) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 7,862 shares of the investment management company’s stock, valued at approximately $163,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nwam LLC grew its holdings in shares of Western Asset Mrtg Defined Oppn Fund by 6.5% in the fourth quarter. Nwam LLC now owns 40,322 shares of the investment management company’s stock worth $822,000 after acquiring an additional 2,444 shares during the period. Sit Investment Associates Inc. grew its holdings in shares of Western Asset Mrtg Defined Oppn Fund by 60.1% in the fourth quarter. Sit Investment Associates Inc. now owns 91,239 shares of the investment management company’s stock worth $1,860,000 after acquiring an additional 34,260 shares during the period. Flagship Harbor Advisors LLC bought a new stake in shares of Western Asset Mrtg Defined Oppn Fund in the fourth quarter worth $53,000. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Western Asset Mrtg Defined Oppn Fund by 11.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 20,476 shares of the investment management company’s stock worth $418,000 after acquiring an additional 2,086 shares during the period. Finally, Quad Cities Investment Group LLC grew its holdings in shares of Western Asset Mrtg Defined Oppn Fund by 106.9% in the first quarter. Quad Cities Investment Group LLC now owns 24,941 shares of the investment management company’s stock worth $518,000 after acquiring an additional 12,887 shares during the period.

Shares of DMO opened at $20.77 on Friday. Western Asset Mrtg Defined Oppn Fund Inc has a one year low of $20.21 and a one year high of $25.60.

The company also recently disclosed a monthly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 22nd were issued a $0.175 dividend. This represents a $2.10 annualized dividend and a dividend yield of 10.11%. The ex-dividend date was Thursday, March 21st.

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Western Asset Mrtg Defined Oppn Fund Profile

Western Asset Mortgage Defined 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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Institutional Ownership by Quarter for Western Asset Mrtg Defined Oppn Fund (NYSE:DMO)

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