Western Asset Municipal D Opp Trust Inc. (MTT) Shares Sold by Stratos Wealth Partners LTD.

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Stratos Wealth Partners LTD. reduced its holdings in shares of Western Asset Municipal D Opp Trust Inc. (NYSE:MTT) by 4.1% in the 1st quarter, Holdings Channel reports. The institutional investor owned 40,475 shares of the company’s stock after selling 1,750 shares during the period. Stratos Wealth Partners LTD.’s holdings in Western Asset Municipal D Opp Trust were worth $847,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MTT. Raymond James & Associates lifted its stake in Western Asset Municipal D Opp Trust by 0.9% in the first quarter. Raymond James & Associates now owns 66,617 shares of the company’s stock worth $1,394,000 after acquiring an additional 587 shares during the last quarter. Cetera Advisor Networks LLC increased its position in Western Asset Municipal D Opp Trust by 3.3% during the 1st quarter. Cetera Advisor Networks LLC now owns 50,373 shares of the company’s stock worth $1,056,000 after purchasing an additional 1,606 shares in the last quarter. Karpus Management Inc. acquired a new stake in Western Asset Municipal D Opp Trust during the 4th quarter worth approximately $218,000. Sound View Wealth Advisors LLC acquired a new stake in Western Asset Municipal D Opp Trust during the 4th quarter worth approximately $264,000. Finally, Van ECK Associates Corp increased its position in Western Asset Municipal D Opp Trust by 8.8% during the 4th quarter. Van ECK Associates Corp now owns 25,468 shares of the company’s stock worth $497,000 after purchasing an additional 2,057 shares in the last quarter.

MTT traded up $0.01 on Tuesday, reaching $21.55. 4,016 shares of the company’s stock were exchanged, compared to its average volume of 25,156. Western Asset Municipal D Opp Trust Inc. has a twelve month low of $19.37 and a twelve month high of $21.87.

The firm also recently announced a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 24th will be given a dividend of $0.079 per share. This represents a $0.95 dividend on an annualized basis and a yield of 4.40%. The ex-dividend date of this dividend is Thursday, May 23rd.

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Western Asset Municipal D Opp Trust Profile

Western Asset Municipal Defined Opportunity Trust Inc is a close-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in fixed income markets of the United States. The fund makes its investments in the securities of companies operating across diversified sectors.

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Institutional Ownership by Quarter for Western Asset Municipal D Opp Trust (NYSE:MTT)

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