Alexander Randolph Advisory Inc. Has $928,000 Stock Position in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Alexander Randolph Advisory Inc. raised its stake in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 2.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 115,954 shares of the company’s stock after buying an additional 3,000 shares during the quarter. Legg Mason BW Global Income Opportunities Fund comprises approximately 0.9% of Alexander Randolph Advisory Inc.’s investment portfolio, making the stock its 28th biggest holding. Alexander Randolph Advisory Inc.’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $928,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Pathstone Holdings LLC raised its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 4.7% during the third quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock worth $6,419,000 after acquiring an additional 32,744 shares during the period. Apollon Wealth Management LLC bought a new position in Legg Mason BW Global Income Opportunities Fund during the 4th quarter worth about $214,000. HighTower Advisors LLC acquired a new stake in shares of Legg Mason BW Global Income Opportunities Fund in the 3rd quarter valued at about $173,000. Shaker Financial Services LLC lifted its holdings in shares of Legg Mason BW Global Income Opportunities Fund by 6.8% in the third 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. Finally, Wolverine Asset Management LLC acquired a new position in shares of Legg Mason BW Global Income Opportunities Fund during the third quarter worth about $136,000.

Legg Mason BW Global Income Opportunities Fund Trading Down 0.8 %

NYSE:BWG opened at $8.41 on Friday. 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 52-week low of $7.81 and a 52-week high of $8.95.

Legg Mason BW Global Income Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $0.96 annualized dividend and a dividend yield of 11.42%.

Legg Mason BW Global Income Opportunities Fund Company Profile

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.