Raymond James & Associates Boosts Position in Western Asset Global Corp Defind Opp Fnd (GDO)

Raymond James & Associates increased its holdings in shares of Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) by 55.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,745 shares of the company’s stock after acquiring an additional 36,607 shares during the period. Raymond James & Associates owned approximately 0.69% of Western Asset Global Corp Defind Opp Fnd worth $1,721,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of GDO. Oppenheimer & Co. Inc. bought a new stake in Western Asset Global Corp Defind Opp Fnd during the second quarter worth about $231,000. RMB Capital Management LLC bought a new stake in Western Asset Global Corp Defind Opp Fnd during the first quarter worth about $439,000. Financial & Investment Management Group Ltd. bought a new stake in Western Asset Global Corp Defind Opp Fnd during the second quarter worth about $762,000. Ladenburg Thalmann Financial Services Inc. boosted its stake in Western Asset Global Corp Defind Opp Fnd by 16.0% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 83,181 shares of the company’s stock worth $1,391,000 after acquiring an additional 11,500 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Western Asset Global Corp Defind Opp Fnd by 5.7% during the first quarter. Guggenheim Capital LLC now owns 148,809 shares of the company’s stock worth $2,491,000 after acquiring an additional 7,988 shares in the last quarter.

Shares of NYSE GDO opened at $15.79 on Friday. Western Asset Global Corp Defind Opp Fnd has a 52-week low of $15.59 and a 52-week high of $18.54.

The company also recently announced a monthly dividend, which will be paid on Thursday, November 1st. Stockholders of record on Friday, October 19th will be paid a $0.101 dividend. The ex-dividend date is Thursday, October 18th. This represents a $1.21 annualized dividend and a dividend yield of 7.68%.

Western Asset Global Corp Defind Opp Fnd Profile

Western Asset Global Corporate Defined Opportunity Fund Inc is a non-diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and then to liquidate and distribute substantially all of the Fund’s net assets to stockholders. As a secondary investment objective, the Fund will seek capital appreciation.

Further Reading: Stock Symbols and CUSIP Explained

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Institutional Ownership by Quarter for Western Asset Global Corp Defind Opp Fnd (NYSE:GDO)

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