Do Institutional Investors Hate Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO)?

Sentiment for Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO)

Western Asset Mortgage Defined Opportunity Fund Inc (NYSE:DMO) institutional sentiment decreased to 1.57 in 2019 Q2. Its down -0.43, from 2 in 2019Q1. The ratio worsened, as 11 institutional investors opened new or increased equity positions, while 7 sold and decreased stakes in Western Asset Mortgage Defined Opportunity Fund Inc. The institutional investors in our partner’s database now hold: 556,407 shares, up from 533,510 shares in 2019Q1. Also, the number of institutional investors holding Western Asset Mortgage Defined Opportunity Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 5 New Position: 6.

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 company has market cap of $234.09 million. The fund is co-managed Western Asset Management Company and Western Asset Management Company Limited. It currently has negative earnings. It invests in the fixed income markets of the United States.

The stock increased 0.63% or $0.14 during the last trading session, reaching $22.3. About 42,008 shares traded or 32.84% up from the average. Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE:DMO) has risen 1.28% since October 12, 2018 and is uptrending. It has outperformed by 1.28% the S&P500.

Regal Investment Advisors Llc holds 0.05% of its portfolio in Western Asset Mortgage Defined Opportunity Fund Inc. for 13,122 shares. Cambridge Investment Research Advisors Inc. owns 59,325 shares or 0.01% of their US portfolio. Moreover, Next Financial Group Inc has 0.01% invested in the company for 3,146 shares. The Minnesota-based Ameriprise Financial Inc has invested 0% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 149,383 shares.

More notable recent Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE:DMO) news were published by: Seekingalpha.com which released: “Boulder Growth & Income Fund (BIF): A Good Or Bad Investment? – Seeking Alpha” on September 23, 2016, also Seekingalpha.com with their article: “U.S. mortgage rates’ decline takes a breather – Seeking Alpha” published on April 04, 2019, Seekingalpha.com published: “8% Current Income And Stable Principal From A Portfolio Of Closed-End Funds – Seeking Alpha” on January 03, 2016. More interesting news about Western Asset Mortgage Defined Opportunity Fund Inc. (NYSE:DMO) were released by: Seekingalpha.com and their article: “Weekly Closed-End Fund Roundup: Saba Forces Invesco Tenders – Seeking Alpha” published on July 01, 2019 as well as Businesswire.com‘s news article titled: “Certain Closed-End Funds Advised by Legg Mason Partners Fund Advisor, LLC Announce Appointment of New Director and Retirements – Business Wire” with publication date: January 02, 2019.

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