Wolverine Asset Management LLC Decreases Stock Holdings in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Wolverine Asset Management LLC trimmed its position in Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 51.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 7,427 shares of the company’s stock after selling 7,985 shares during the period. Wolverine Asset Management LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $59,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in BWG. Shaker Financial Services LLC increased its position in Legg Mason BW Global Income Opportunities Fund by 6.8% during the 3rd 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 during the period. HighTower Advisors LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund during the 3rd quarter valued at $173,000. Apollon Wealth Management LLC purchased a new position in Legg Mason BW Global Income Opportunities Fund during the 4th quarter valued at $214,000. Finally, Pathstone Holdings LLC increased its position in Legg Mason BW Global Income Opportunities Fund by 4.7% during the 3rd quarter. Pathstone Holdings LLC now owns 726,022 shares of the company’s stock valued at $6,419,000 after purchasing an additional 32,744 shares during the period.

Legg Mason BW Global Income Opportunities Fund Price Performance

Shares of Legg Mason BW Global Income Opportunities Fund stock opened at $8.39 on Tuesday. The company’s fifty day simple moving average is $8.22 and its two-hundred day simple moving average is $8.48. Legg Mason BW Global Income Opportunities Fund Inc. has a 12-month low of $7.81 and a 12-month high of $8.95.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Monday, March 24th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a yield of 11.44%. The ex-dividend date is Monday, March 24th.

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.