LPL Financial LLC Buys 27,101 Shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

LPL Financial LLC increased its stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 17.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,714 shares of the company’s stock after buying an additional 27,101 shares during the period. LPL Financial LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $1,486,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. HighTower Advisors LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 3rd quarter worth approximately $173,000. Apollon Wealth Management LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund in the 4th quarter valued at approximately $214,000. Commonwealth Equity Services LLC boosted its position in shares of Legg Mason BW Global Income Opportunities Fund by 30.1% during the fourth 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 in the last quarter. Raymond James Financial Inc. purchased a new stake in Legg Mason BW Global Income Opportunities Fund in the fourth quarter worth $603,000. Finally, Alexander Randolph Advisory Inc. raised its holdings 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 in the last quarter.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $7.88 on Friday. The business has a fifty day simple moving average of $8.24 and a two-hundred day simple moving average of $8.33. Legg Mason BW Global Income Opportunities Fund Inc. has a 12 month low of $7.46 and a 12 month high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Wednesday, April 23rd will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a yield of 12.19%. The ex-dividend date of this dividend is Wednesday, April 23rd.

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.