HighTower Advisors LLC Makes New $173,000 Investment in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

HighTower Advisors LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,273 shares of the company’s stock, valued at approximately $173,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its holdings in Legg Mason BW Global Income Opportunities Fund by 3.5% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,301,445 shares of the company’s stock valued at $10,750,000 after purchasing an additional 43,589 shares in the last quarter. Wealthspire Advisors LLC acquired a new stake in Legg Mason BW Global Income Opportunities Fund during the second quarter worth approximately $281,000. Pathstone Holdings LLC lifted its position in shares of Legg Mason BW Global Income Opportunities Fund by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock worth $6,419,000 after buying an additional 32,744 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter valued at $171,000. Finally, Shaker Financial Services LLC grew its position in shares of Legg Mason BW Global Income Opportunities Fund by 9.5% in the 2nd quarter. Shaker Financial Services LLC now owns 243,615 shares of the company’s stock valued at $2,031,000 after buying an additional 21,175 shares during the last quarter.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of BWG opened at $8.14 on Thursday. Legg Mason BW Global Income Opportunities Fund Inc. has a 1-year low of $7.81 and a 1-year high of $8.95. The firm has a fifty day moving average price of $8.44 and a 200 day moving average price of $8.55.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 11.79%. The ex-dividend date is Friday, January 24th.

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.