Shaker Financial Services LLC Sells 100,538 Shares of Legg Mason BW Global Income Opportunities Fund Inc. $BWG

Shaker Financial Services LLC lowered its stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 21.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 373,225 shares of the company’s stock after selling 100,538 shares during the quarter. Shaker Financial Services LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $2,583,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Rareview Capital LLC lifted its holdings in Legg Mason BW Global Income Opportunities Fund by 56.8% in the 2nd quarter. Rareview Capital LLC now owns 179,226 shares of the company’s stock worth $1,489,000 after purchasing an additional 64,914 shares during the last quarter. Eclectic Associates Inc. ADV boosted its position in Legg Mason BW Global Income Opportunities Fund by 8.6% during the second quarter. Eclectic Associates Inc. ADV now owns 44,441 shares of the company’s stock worth $353,000 after purchasing an additional 3,511 shares during the period. Royal Bank of Canada grew its holdings in Legg Mason BW Global Income Opportunities Fund by 21.3% during the first quarter. Royal Bank of Canada now owns 81,081 shares of the company’s stock valued at $622,000 after purchasing an additional 14,236 shares during the last quarter. Van Diest Capital LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund during the first quarter valued at approximately $129,000. Finally, Stephens Inc. AR grew its holdings in Legg Mason BW Global Income Opportunities Fund by 17.2% during the first quarter. Stephens Inc. AR now owns 158,528 shares of the company’s stock valued at $1,216,000 after purchasing an additional 23,217 shares during the last quarter.

Legg Mason BW Global Income Opportunities Fund Trading Down 1.8%

Shares of NYSE:BWG traded down $0.12 during trading on Wednesday, reaching $6.88. The stock had a trading volume of 41,825 shares, compared to its average volume of 86,393. The stock has a fifty day simple moving average of $7.42 and a two-hundred day simple moving average of $7.74. Legg Mason BW Global Income Opportunities Fund Inc. has a 52 week low of $6.76 and a 52 week high of $8.77.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Friday, November 20th will be paid a $0.08 dividend. The ex-dividend date is Friday, November 20th. This represents a $0.96 dividend on an annualized basis and a yield of 13.9%.

Legg Mason BW Global Income Opportunities Fund Profile

Legg Mason BW Global Income Opportunities Fund, Inc is a closed-end investment company traded on the New York Stock Exchange under the symbol BWG. The fund seeks to provide investors with a high level of current income, along with the opportunity for capital appreciation, by investing primarily in fixed-income securities issued by governments, government-related entities and corporations around the world.

The fund’s portfolio may include investment-grade and below-investment-grade debt, emerging-market securities, sovereign and corporate bonds, and other global income-producing investments.