Raymond James Financial Inc. Buys Shares of 75,399 Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Posted by ABMN Staff on Apr 7th, 2025

Raymond James Financial Inc. purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 75,399 shares of the company’s stock, valued at approximately $603,000.

Other institutional investors and hedge funds have also modified their holdings of the company. HighTower Advisors LLC bought a new position in Legg Mason BW Global Income Opportunities Fund in the third quarter valued at about $173,000. Apollon Wealth Management LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at approximately $214,000. Finally, Alexander Randolph Advisory Inc. grew its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 2.7% during 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.

Legg Mason BW Global Income Opportunities Fund Trading Down 5.7 %

BWG stock opened at $7.86 on Monday. The company has a 50 day simple moving average of $8.39 and a 200 day simple moving average of $8.42. Legg Mason BW Global Income Opportunities Fund Inc. has a 1 year low of $7.81 and a 1 year high of $8.95.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Wednesday, April 23rd will be paid a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 12.21%. The ex-dividend date of this dividend is Wednesday, April 23rd.

About Legg Mason BW Global Income Opportunities Fund

(Free Report)

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.