NewEdge Advisors LLC Has $411,000 Stock Position in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

NewEdge Advisors LLC reduced its stake in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 10.8% during the 4th quarter, HoldingsChannel.com reports. The firm owned 51,400 shares of the company’s stock after selling 6,200 shares during the period. NewEdge Advisors LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $411,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alexander Randolph Advisory Inc. lifted its stake in 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 purchasing an additional 3,000 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Legg Mason BW Global Income Opportunities Fund by 14.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 39,268 shares of the company’s stock valued at $314,000 after purchasing an additional 4,813 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Legg Mason BW Global Income Opportunities Fund by 30.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 28,664 shares of the company’s stock valued at $229,000 after purchasing an additional 6,631 shares during the last quarter. Invesco Ltd. increased its position in Legg Mason BW Global Income Opportunities Fund by 8.0% in the 4th quarter. Invesco Ltd. now owns 111,145 shares of the company’s stock valued at $889,000 after acquiring an additional 8,270 shares during the period. Finally, Apollon Wealth Management LLC acquired a new position in Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at approximately $214,000.

Legg Mason BW Global Income Opportunities Fund Stock Performance

Shares of NYSE BWG opened at $8.06 on Tuesday. Legg Mason BW Global Income Opportunities Fund Inc. has a 52-week low of $7.46 and a 52-week high of $8.95. The firm has a 50 day moving average price of $8.18 and a two-hundred day moving average price of $8.29.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Wednesday, April 23rd will be given a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 11.91%. The ex-dividend date of this dividend is Wednesday, April 23rd.

About Legg Mason BW Global Income Opportunities Fund

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.