Sanctuary Advisors LLC Has $255,000 Holdings in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)

Sanctuary Advisors LLC reduced its holdings in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO) by 5.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,798 shares of the company’s stock after selling 1,137 shares during the quarter. Sanctuary Advisors LLC’s holdings in Western Asset Global Corporate Defined Opportunity Fund were worth $255,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Dynamic Advisor Solutions LLC grew its position in shares of Western Asset Global Corporate Defined Opportunity Fund by 6.4% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 48,585 shares of the company’s stock valued at $625,000 after purchasing an additional 2,919 shares during the period. Almitas Capital LLC bought a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund during the second quarter worth $2,475,000. International Assets Investment Management LLC raised its holdings in shares of Western Asset Global Corporate Defined Opportunity Fund by 1,187.0% during the third quarter. International Assets Investment Management LLC now owns 214,993 shares of the company’s stock worth $2,767,000 after acquiring an additional 198,288 shares during the period. Allspring Global Investments Holdings LLC lifted its position in Western Asset Global Corporate Defined Opportunity Fund by 9.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 580,750 shares of the company’s stock valued at $7,091,000 after acquiring an additional 50,706 shares in the last quarter. Finally, Fiera Capital Corp boosted its stake in Western Asset Global Corporate Defined Opportunity Fund by 4.0% in the 3rd quarter. Fiera Capital Corp now owns 60,454 shares of the company’s stock worth $778,000 after purchasing an additional 2,322 shares during the period.

Western Asset Global Corporate Defined Opportunity Fund Price Performance

GDO opened at $11.14 on Friday. The business’s 50-day moving average price is $11.67 and its two-hundred day moving average price is $12.25. Western Asset Global Corporate Defined Opportunity Fund Inc. has a 1 year low of $10.96 and a 1 year high of $13.04.

Western Asset Global Corporate Defined Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Friday, January 24th will be paid a $0.122 dividend. This represents a $1.46 annualized dividend and a yield of 13.14%. The ex-dividend date is Friday, January 24th.

About Western Asset Global Corporate Defined Opportunity Fund

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.