HighTower Advisors LLC Invests $173,000 in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

HighTower Advisors LLC bought a new stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 20,273 shares of the company’s stock, valued at approximately $173,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its position in shares of Legg Mason BW Global Income Opportunities Fund by 3.5% during the second quarter. Allspring Global Investments Holdings LLC now owns 1,301,445 shares of the company’s stock worth $10,750,000 after acquiring an additional 43,589 shares during the period. Pathstone Holdings LLC increased its holdings in Legg Mason BW Global Income Opportunities Fund by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock worth $6,419,000 after purchasing an additional 32,744 shares during the period. Shaker Financial Services LLC raised its position in Legg Mason BW Global Income Opportunities Fund by 6.8% in the 3rd quarter. Shaker Financial Services LLC now owns 260,281 shares of the company’s stock valued at $2,322,000 after purchasing an additional 16,666 shares in the last quarter. Wealthspire Advisors LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter valued at about $281,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the second quarter worth about $171,000.

Legg Mason BW Global Income Opportunities Fund Stock Performance

BWG stock opened at $8.14 on Thursday. The company’s 50 day moving average price is $8.44 and its 200 day moving average price is $8.55. Legg Mason BW Global Income Opportunities Fund Inc. has a fifty-two week low of $7.81 and a fifty-two week high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be given a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 11.79%. The ex-dividend date is Friday, January 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.