Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) Stock Position Lessened by Stephens Inc. AR

Stephens Inc. AR reduced its stake in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 4.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 147,108 shares of the company’s stock after selling 7,364 shares during the quarter. Stephens Inc. AR’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $1,177,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Wolverine Asset Management LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund in the third quarter valued at approximately $136,000. Shaker Financial Services LLC boosted its stake in Legg Mason BW Global Income Opportunities Fund by 6.8% during the 3rd quarter. Shaker Financial Services LLC now owns 260,281 shares of the company’s stock valued at $2,322,000 after purchasing an additional 16,666 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 3rd quarter valued at $173,000. Sanctuary Advisors LLC bought a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 2nd quarter worth $171,000. Finally, Apollon Wealth Management LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the fourth quarter valued at $214,000.

Legg Mason BW Global Income Opportunities Fund Stock Down 0.5 %

Shares of BWG stock opened at $8.31 on Thursday. The stock has a 50-day simple moving average of $8.22 and a 200 day simple moving average of $8.48. Legg Mason BW Global Income Opportunities Fund Inc. has a fifty-two week low of $7.81 and a fifty-two week high of $8.95.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Friday, February 21st will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $0.96 annualized dividend and a dividend yield of 11.55%.

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.