20,935 Shares in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 20,935 shares of the company’s stock, valued at approximately $250,000.

Other large investors have also recently bought and sold shares of the company. Wetzel Investment Advisors Inc. acquired a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the 2nd quarter worth $75,000. Moloney Securities Asset Management LLC lifted its stake in shares of Western Asset Global Corporate Defined Opportunity Fund by 54.0% in the 1st quarter. Moloney Securities Asset Management LLC now owns 28,365 shares of the company’s stock worth $354,000 after acquiring an additional 9,943 shares during the period. Almitas Capital LLC acquired a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the 2nd quarter worth $2,475,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Western Asset Global Corporate Defined Opportunity Fund by 9.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 580,750 shares of the company’s stock worth $7,091,000 after acquiring an additional 50,706 shares during the period.

Western Asset Global Corporate Defined Opportunity Fund Stock Performance

GDO stock opened at $12.28 on Friday. Western Asset Global Corporate Defined Opportunity Fund Inc. has a one year low of $11.21 and a one year high of $13.04. The company has a fifty day moving average of $12.72 and a 200-day moving average of $12.43.

Western Asset Global Corporate Defined Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 24th will be issued a $0.122 dividend. The ex-dividend date is Thursday, October 24th. This represents a $1.46 dividend on an annualized basis and a dividend yield of 11.92%.

About Western Asset Global Corporate Defined Opportunity Fund

Western Asset Global Corporate 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 by Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited.