Shaker Financial Services LLC Sells 100,538 Shares of Legg Mason BW Global Income Opportunities Fund Inc. $BWG

Shaker Financial Services LLC decreased its position in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 21.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 373,225 shares of the company’s stock after selling 100,538 shares during the period. Shaker Financial Services LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $2,583,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Eclectic Associates Inc. ADV increased its position in Legg Mason BW Global Income Opportunities Fund by 8.6% in the 2nd quarter. Eclectic Associates Inc. ADV now owns 44,441 shares of the company’s stock worth $353,000 after purchasing an additional 3,511 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 21.3% during the 1st quarter. Royal Bank of Canada now owns 81,081 shares of the company’s stock valued at $622,000 after buying an additional 14,236 shares during the last quarter. Van Diest Capital LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund during the 1st quarter valued at about $129,000. Private Advisor Group LLC grew its stake in shares of Legg Mason BW Global Income Opportunities Fund by 15.5% in the 1st quarter. Private Advisor Group LLC now owns 167,744 shares of the company’s stock valued at $1,287,000 after buying an additional 22,493 shares in the last quarter. Finally, Stephens Inc. AR grew its stake in shares of Legg Mason BW Global Income Opportunities Fund by 17.2% in the 1st quarter. Stephens Inc. AR now owns 158,528 shares of the company’s stock valued at $1,216,000 after buying an additional 23,217 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Trading Down 1.8%

NYSE:BWG traded down $0.12 during mid-day trading on Wednesday, reaching $6.88. The stock had a trading volume of 41,825 shares, compared to its average volume of 86,393. The business’s 50 day moving average is $7.42 and its 200 day moving average is $7.74. Legg Mason BW Global Income Opportunities Fund Inc. has a fifty-two week low of $6.76 and a fifty-two week high of $8.77.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Friday, November 20th will be given a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 13.9%. The ex-dividend date of this dividend is Friday, November 20th.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund, Inc is a closed-end investment company traded on the New York Stock Exchange under the symbol BWG. The fund seeks to provide investors with a high level of current income, along with the opportunity for capital appreciation, by investing primarily in fixed-income securities issued by governments, government-related entities and corporations around the world.

The fund’s portfolio may include investment-grade and below-investment-grade debt, emerging-market securities, sovereign and corporate bonds, and other global income-producing investments.