Wolverine Asset Management LLC Sells 7,985 Shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG)

Wolverine Asset Management LLC cut its stake in shares of Legg Mason BW Global Income Opportunities Fund Inc. (NYSE:BWG) by 51.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 7,427 shares of the company’s stock after selling 7,985 shares during the quarter. Wolverine Asset Management LLC’s holdings in Legg Mason BW Global Income Opportunities Fund were worth $59,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. HighTower Advisors LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund during the third quarter worth approximately $173,000. Apollon Wealth Management LLC purchased a new position in shares of Legg Mason BW Global Income Opportunities Fund during the fourth quarter worth approximately $214,000. Pathstone Holdings LLC raised its stake 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 in the last quarter. Finally, Shaker Financial Services LLC raised its stake in shares of Legg Mason BW Global Income Opportunities Fund by 6.8% during the third quarter. Shaker Financial Services LLC now owns 260,281 shares of the company’s stock worth $2,322,000 after acquiring an additional 16,666 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Price Performance

BWG stock opened at $8.39 on Tuesday. Legg Mason BW Global Income Opportunities Fund Inc. has a one year low of $7.81 and a one year high of $8.95. The company’s 50 day moving average price is $8.22 and its two-hundred day moving average price is $8.48.

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. Shareholders of record on Monday, March 24th will be paid a dividend of $0.08 per share. This represents a $0.96 annualized dividend and a dividend yield of 11.44%. The ex-dividend date of this dividend is Monday, March 24th.

Legg Mason BW Global Income Opportunities Fund 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.