HighTower Advisors LLC Cuts Position in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

HighTower Advisors LLC reduced its position in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 12.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,817 shares of the company’s stock after selling 2,456 shares during the period. HighTower Advisors LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $143,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Legg Mason BW Global Income Opportunities Fund during the fourth quarter valued at approximately $603,000. Alexander Randolph Advisory Inc. raised its stake in shares of Legg Mason BW Global Income Opportunities Fund by 2.7% in the 4th quarter. Alexander Randolph Advisory Inc. now owns 115,954 shares of the company’s stock valued at $928,000 after acquiring an additional 3,000 shares during the period. Finally, Apollon Wealth Management LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 4th quarter valued at $214,000.

Legg Mason BW Global Income Opportunities Fund Stock Down 5.7 %

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $7.86 on Friday. The company has a fifty day moving average price of $8.39 and a 200 day moving average price of $8.42. Legg Mason BW Global Income Opportunities Fund Inc. has a twelve month low of $7.81 and a twelve month high of $8.95.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Wednesday, April 23rd will be issued a dividend of $0.08 per share. The ex-dividend date is Wednesday, April 23rd. This represents a $0.96 annualized dividend and a dividend yield of 12.21%.

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.