NINE MASTS CAPITAL Ltd Takes $152,000 Position in Western Asset Mrtg Defined Oppn Fund Inc (DMO)

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NINE MASTS CAPITAL Ltd purchased a new position in shares of Western Asset Mrtg Defined Oppn Fund Inc (NYSE:DMO) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,600 shares of the investment management company’s stock, valued at approximately $152,000. NINE MASTS CAPITAL Ltd owned 0.06% of Western Asset Mrtg Defined Oppn Fund as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DMO. Centaurus Financial Inc. purchased a new position in shares of Western Asset Mrtg Defined Oppn Fund during the first quarter worth $438,000. Cambridge Investment Research Advisors Inc. boosted its position in shares of Western Asset Mrtg Defined Oppn Fund by 14.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 94,107 shares of the investment management company’s stock worth $2,303,000 after buying an additional 11,572 shares during the period. MML Investors Services LLC boosted its position in shares of Western Asset Mrtg Defined Oppn Fund by 2.7% during the first quarter. MML Investors Services LLC now owns 121,753 shares of the investment management company’s stock worth $2,979,000 after buying an additional 3,178 shares during the period. Commonwealth Equity Services LLC boosted its holdings in Western Asset Mrtg Defined Oppn Fund by 8.2% in the first quarter. Commonwealth Equity Services LLC now owns 108,141 shares of the investment management company’s stock valued at $2,646,000 after purchasing an additional 8,163 shares during the period. Finally, Royal Bank of Canada boosted its holdings in Western Asset Mrtg Defined Oppn Fund by 10.1% in the first quarter. Royal Bank of Canada now owns 58,644 shares of the investment management company’s stock valued at $1,435,000 after purchasing an additional 5,360 shares during the period.

NYSE:DMO opened at $22.29 on Wednesday. Western Asset Mrtg Defined Oppn Fund Inc has a 12-month low of $21.50 and a 12-month high of $26.75.

The business also recently announced a monthly dividend, which will be paid on Monday, December 3rd. Investors of record on Friday, November 23rd will be issued a $0.19 dividend. The ex-dividend date is Wednesday, November 21st. This represents a $2.28 dividend on an annualized basis and a yield of 10.23%.

About Western Asset Mrtg Defined Oppn Fund

Western Asset Mortgage Defined Opportunity Fund Inc (the Fund) is a non-diversified, limited-term, closed-end management investment company. The Fund’s primary investment objective is to provide current income. As a secondary investment objective, the Fund intends to seek capital appreciation. The Fund invests in a portfolio of mortgage-backed securities, consisting of non-agency residential mortgage-backed securities and commercial mortgage-backed securities.

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

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