Raymond James & Associates Sells 4,341 Shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Raymond James & Associates trimmed its stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 4.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 89,037 shares of the company’s stock after selling 4,341 shares during the period. Raymond James & Associates’ holdings in Legg Mason BW Global Income Opportunities Fund were worth $744,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in BWG. Advisor Partners II LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund in the third quarter worth about $1,468,000. Clough Capital Partners L P bought a new position in Legg Mason BW Global Income Opportunities Fund in the 3rd quarter worth approximately $160,000. Finally, NBT Bank N A NY acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the third quarter worth approximately $140,000.

Legg Mason BW Global Income Opportunities Fund Stock Performance

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $7.99 on Wednesday. Legg Mason BW Global Income Opportunities Fund Inc. has a 1 year low of $6.86 and a 1 year high of $8.65. The company’s fifty day simple moving average is $8.35 and its 200-day simple moving average is $8.08.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Thursday, May 23rd will be given a $0.08 dividend. The ex-dividend date is Wednesday, May 22nd. This represents a $0.96 annualized dividend and a yield of 12.01%.

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.