Allspring Global Investments Holdings LLC Lowers Stake in Legg Mason BW Global Income Opportunities Fund Inc. $BWG

Allspring Global Investments Holdings LLC lessened its stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 29.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 774,236 shares of the company’s stock after selling 330,243 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $6,720,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in Legg Mason BW Global Income Opportunities Fund by 7.0% in the 1st quarter. Royal Bank of Canada now owns 87,667 shares of the company’s stock worth $732,000 after acquiring an additional 5,728 shares in the last quarter. PFG Investments LLC boosted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 80.5% in the second quarter. PFG Investments LLC now owns 53,982 shares of the company’s stock valued at $449,000 after purchasing an additional 24,082 shares during the period. Apollon Wealth Management LLC grew its stake in Legg Mason BW Global Income Opportunities Fund by 4.6% in the second quarter. Apollon Wealth Management LLC now owns 27,925 shares of the company’s stock worth $232,000 after purchasing an additional 1,220 shares in the last quarter. Stephens Inc. AR increased its holdings in Legg Mason BW Global Income Opportunities Fund by 3.7% during the 2nd quarter. Stephens Inc. AR now owns 150,632 shares of the company’s stock worth $1,252,000 after purchasing an additional 5,310 shares during the period. Finally, Wolverine Asset Management LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund during the 2nd quarter worth $399,000.

Legg Mason BW Global Income Opportunities Fund Trading Up 1.1%

Shares of BWG stock opened at $8.51 on Wednesday. Legg Mason BW Global Income Opportunities Fund Inc. has a twelve month low of $7.46 and a twelve month high of $8.94. The stock has a fifty day simple moving average of $8.41 and a two-hundred day simple moving average of $8.51.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Friday, February 20th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Friday, February 20th. This represents a c) dividend on an annualized basis and a yield of 11.3%.

Legg Mason BW Global Income Opportunities Fund Company Profile

Legg Mason BW Global Income Opportunities Fund (NYSE:BWG) is a diversified closed-end management investment company that seeks to provide current income and capital appreciation. The fund primarily invests in global fixed income securities, including non-investment grade bonds, emerging market debt and high-yield corporate obligations. It may also allocate to convertible securities, preferred stocks, dividend-paying equities and other income-producing assets to enhance overall yield.

The fund employs leverage to potentially increase its income-generating capacity and is designed to deliver monthly distributions to shareholders.