8,000 Shares in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) Acquired by 1607 Capital Partners LLC

1607 Capital Partners LLC bought a new position in shares of Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDOGet Rating) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 8,000 shares of the company’s stock, valued at approximately $119,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC bought a new stake in Western Asset Global Corporate Defined Opportunity Fund during the first quarter worth approximately $404,000. FCA Corp TX raised its holdings in Western Asset Global Corporate Defined Opportunity Fund by 1.4% during the first quarter. FCA Corp TX now owns 226,577 shares of the company’s stock worth $3,367,000 after purchasing an additional 3,227 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 11.7% in the first quarter. NewEdge Advisors LLC now owns 25,800 shares of the company’s stock valued at $383,000 after buying an additional 2,700 shares in the last quarter. Fiera Capital Corp increased its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 39.3% in the first quarter. Fiera Capital Corp now owns 45,721 shares of the company’s stock valued at $679,000 after buying an additional 12,888 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 77.2% in the first quarter. Commonwealth Equity Services LLC now owns 167,644 shares of the company’s stock valued at $2,491,000 after buying an additional 73,051 shares in the last quarter.

Western Asset Global Corporate Defined Opportunity Fund Stock Down 0.5 %

NYSE GDO opened at $13.43 on Tuesday. Western Asset Global Corporate Defined Opportunity Fund Inc. has a 1 year low of $13.29 and a 1 year high of $18.72. The business’s fifty day moving average is $13.86 and its two-hundred day moving average is $14.23.

Western Asset Global Corporate Defined Opportunity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, December 1st. Shareholders of record on Tuesday, November 22nd will be issued a $0.101 dividend. The ex-dividend date of this dividend is Monday, November 21st. This represents a $1.21 annualized dividend and a dividend yield of 9.02%.

Western Asset Global Corporate Defined Opportunity Fund Profile

(Get Rating)

Western Asset Global Corporate Defined Opportunity 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 Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited.

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Institutional Ownership by Quarter for Western Asset Global Corporate Defined Opportunity Fund (NYSE:GDO)

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