Regal Funding Advisors LLC decreased its stake in shares of Western Asset Mortgage Alternative Fund Inc. (NYSE:DMO – Free Report) by 33.8% through the 2nd quarter, Holdings Channel reviews. The institutional investor owned 16,842 shares of the funding administration firm’s inventory after promoting 8,585 shares through the interval. Regal Funding Advisors LLC’s holdings in Western Asset Mortgage Alternative Fund have been price $201,000 as of its most up-to-date SEC submitting.
A number of different institutional buyers have additionally purchased and offered shares of the inventory. Built-in Capital Administration Inc. lifted its stake in Western Asset Mortgage Alternative Fund by 9.8% through the 2nd quarter. Built-in Capital Administration Inc. now owns 15,490 shares of the funding administration firm’s inventory valued at $185,000 after buying an extra 1,381 shares within the final quarter. SeaCrest Wealth Administration LLC lifted its place in shares of Western Asset Mortgage Alternative Fund by 8.3% through the first quarter. SeaCrest Wealth Administration LLC now owns 21,249 shares of the funding administration firm’s inventory valued at $249,000 after buying an extra 1,626 shares within the final quarter. Choreo LLC bought a brand new place in Western Asset Mortgage Alternative Fund through the first quarter price about $357,000. Robinson Capital Administration LLC bought a brand new stake in Western Asset Mortgage Alternative Fund within the 1st quarter valued at about $423,000. Lastly, Riverbridge Companions LLC lifted its place in shares of Western Asset Mortgage Alternative Fund by 2.4% through the 1st quarter. Riverbridge Companions LLC now owns 131,154 shares of the funding administration firm’s inventory price $1,536,000 after shopping for an extra 3,132 shares within the final quarter.
Western Asset Mortgage Alternative Fund Inventory Efficiency
Shares of NYSE DMO opened at $12.04 on Thursday. The inventory’s 50 day transferring common worth is $12.06 and its 200-day transferring common worth is $11.86. Western Asset Mortgage Alternative Fund Inc. has a twelve month low of $10.00 and a twelve month excessive of $12.34.
Western Asset Mortgage Alternative Fund Broadcasts Dividend
The agency additionally just lately disclosed a month-to-month dividend, which shall be paid on Friday, November 1st. Shareholders of document on Thursday, October twenty fourth shall be given a $0.13 dividend. The ex-dividend date is Thursday, October twenty fourth. This represents a $1.56 annualized dividend and a yield of 12.96%.
About Western Asset Mortgage Alternative Fund
Western Asset Mortgage Alternative Fund Inc is a closed ended fastened revenue mutual fund launched and managed by Legg Mason Companions Fund Advisor, LLC. The fund is co-managed Western Asset Administration Firm and Western Asset Administration Firm Restricted. It invests within the fastened revenue markets of the US.
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