Commonwealth Equity Services LLC Grows Stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Commonwealth Equity Services LLC boosted its position in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 30.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 28,664 shares of the company’s stock after acquiring an additional 6,631 shares during the period. Commonwealth Equity Services LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $229,000 at the end of the most recent reporting period.

Other large investors 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 fourth quarter. Alexander Randolph Advisory Inc. now owns 115,954 shares of the company’s stock worth $928,000 after purchasing an additional 3,000 shares during the last quarter. Raymond James Financial Inc. purchased a new position in Legg Mason BW Global Income Opportunities Fund during the fourth quarter valued at approximately $603,000. Apollon Wealth Management LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund in the fourth quarter valued at about $214,000. Finally, HighTower Advisors LLC purchased a new stake in Legg Mason BW Global Income Opportunities Fund during the third quarter valued at approximately $173,000.

Legg Mason BW Global Income Opportunities Fund Trading Up 2.1 %

Legg Mason BW Global Income Opportunities Fund stock opened at $7.70 on Thursday. The stock has a 50-day moving average of $8.32 and a two-hundred day moving average of $8.38. Legg Mason BW Global Income Opportunities Fund Inc. has a one year low of $7.46 and a one year high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Investors 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 yield of 12.47%. 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.