Allspring Global Investments Holdings LLC Decreases Stock Holdings 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 disclosure with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Geneos Wealth Management Inc. lifted its position in shares of Legg Mason BW Global Income Opportunities Fund by 607.1% during the second quarter. Geneos Wealth Management Inc. now owns 3,691 shares of the company’s stock valued at $31,000 after buying an additional 3,169 shares during the last quarter. Cerity Partners LLC bought a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 2nd quarter worth approximately $105,000. XTX Topco Ltd bought a new position in shares of Legg Mason BW Global Income Opportunities Fund during the 2nd quarter worth approximately $111,000. Osaic Holdings Inc. lifted its position in Legg Mason BW Global Income Opportunities Fund by 21.4% during the second quarter. Osaic Holdings Inc. now owns 19,561 shares of the company’s stock valued at $163,000 after acquiring an additional 3,442 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Legg Mason BW Global Income Opportunities Fund by 5.5% in the second quarter. Ameriprise Financial Inc. now owns 24,770 shares of the company’s stock valued at $206,000 after acquiring an additional 1,298 shares in the last quarter.

Legg Mason BW Global Income Opportunities Fund Stock Up 1.1%

NYSE BWG opened at $8.51 on Wednesday. The firm’s fifty day simple moving average is $8.41 and its two-hundred day simple moving average is $8.51. Legg Mason BW Global Income Opportunities Fund Inc. has a 12-month low of $7.46 and a 12-month high of $8.94.

Legg Mason BW Global Income Opportunities Fund Dividend Announcement

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

Legg Mason BW Global Income Opportunities Fund 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.