LPL Financial LLC Sells 7,818 Shares of Legg Mason BW Global Income Opportunities Fund Inc. $BWG

LPL Financial LLC reduced its stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 4.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 177,896 shares of the company’s stock after selling 7,818 shares during the period. LPL Financial LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $1,485,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in BWG. Raymond James Financial Inc. purchased a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the fourth quarter worth $603,000. PFG Investments LLC raised its position in Legg Mason BW Global Income Opportunities Fund by 152.4% during the first quarter. PFG Investments LLC now owns 29,900 shares of the company’s stock valued at $250,000 after purchasing an additional 18,052 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in Legg Mason BW Global Income Opportunities Fund during the first quarter valued at about $114,000. Private Advisor Group LLC raised its position in Legg Mason BW Global Income Opportunities Fund by 7.7% during the first quarter. Private Advisor Group LLC now owns 130,750 shares of the company’s stock valued at $1,092,000 after purchasing an additional 9,400 shares in the last quarter. Finally, Invesco Ltd. raised its position in Legg Mason BW Global Income Opportunities Fund by 8.0% during the fourth quarter. Invesco Ltd. now owns 111,145 shares of the company’s stock valued at $889,000 after purchasing an additional 8,270 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Stock Performance

NYSE BWG opened at $8.52 on Friday. The stock’s 50-day simple moving average is $8.40 and its two-hundred day simple moving average is $8.26. Legg Mason BW Global Income Opportunities Fund Inc. has a twelve month low of $7.46 and a twelve month high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The company also recently declared a — dividend, which will be paid on Monday, December 1st. Shareholders of record on Thursday, November 20th will be given a dividend of $0.08 per share. The ex-dividend date is Thursday, November 20th. This represents a yield of 1,130.0%.

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.