Apollon Wealth Management LLC Takes Position in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Apollon Wealth Management LLC bought a new stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 26,705 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of BWG. Wolverine Asset Management LLC bought a new stake in Legg Mason BW Global Income Opportunities Fund in the 3rd quarter worth about $136,000. Shaker Financial Services LLC boosted its holdings in Legg Mason BW Global Income Opportunities Fund by 6.8% during the 3rd quarter. Shaker Financial Services LLC now owns 260,281 shares of the company’s stock valued at $2,322,000 after acquiring an additional 16,666 shares during the period. HighTower Advisors LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 3rd quarter worth $173,000. Sanctuary Advisors LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter worth $171,000. Finally, Pathstone Holdings LLC boosted its stake in Legg Mason BW Global Income Opportunities Fund by 4.7% in the third quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock valued at $6,419,000 after acquiring an additional 32,744 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of NYSE BWG opened at $8.44 on Friday. 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. The business has a 50-day simple moving average of $8.22 and a two-hundred day simple moving average of $8.48.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 21st will be issued a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 11.37%. The ex-dividend date is Friday, February 21st.

Legg Mason BW Global Income Opportunities Fund 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.