Sanctuary Advisors LLC Invests $171,000 in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Sanctuary Advisors LLC purchased a new stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 21,565 shares of the company’s stock, valued at approximately $171,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. bought a new stake in Legg Mason BW Global Income Opportunities Fund in the first quarter worth approximately $950,000. Allspring Global Investments Holdings LLC boosted its holdings in Legg Mason BW Global Income Opportunities Fund by 3.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,301,445 shares of the company’s stock worth $10,750,000 after purchasing an additional 43,589 shares in the last quarter. Cetera Advisors LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund during the first quarter worth $231,000. Nomura Holdings Inc. bought a new position in Legg Mason BW Global Income Opportunities Fund during the fourth quarter valued at about $154,000. Finally, Wealthspire Advisors LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the second quarter worth about $281,000.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of NYSE BWG opened at $8.65 on Monday. The business’s 50-day simple moving average is $8.74 and its 200-day simple moving average is $8.49. Legg Mason BW Global Income Opportunities Fund Inc. has a 52 week low of $6.86 and a 52 week high of $8.95.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Thursday, October 24th will be given a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.10%. The ex-dividend date is Thursday, October 24th.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities 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 Brandywine Global Investment Management, LLC. It invests in fixed income markets. The fund employs fundamental analysis to create its portfolio.