Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) Trading 0.2% Higher

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Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) shares traded up 0.2% during trading on Monday . The stock traded as high as $17.93 and last traded at $17.93, 34 shares changed hands during trading. A decline of 100% from the average session volume of 56,671 shares. The stock had previously closed at $17.89.

The company has a 50 day moving average of $17.80 and a 200 day moving average of $17.43.

The business also recently announced a monthly dividend, which was paid on Tuesday, December 31st. Investors of record on Friday, December 20th were paid a dividend of $0.101 per share. The ex-dividend date of this dividend was Thursday, December 19th. This represents a $1.21 annualized dividend and a yield of 6.72%.

A number of hedge funds and other institutional investors have recently made changes to their positions in GDO. Morgan Stanley lifted its holdings in Western Asset Global Corp Defind Opp Fnd by 29.8% during the 2nd quarter. Morgan Stanley now owns 506,280 shares of the company’s stock worth $8,683,000 after buying an additional 116,086 shares during the last quarter. Invesco Ltd. lifted its holdings in Western Asset Global Corp Defind Opp Fnd by 8.2% during the 2nd quarter. Invesco Ltd. now owns 174,115 shares of the company’s stock worth $2,986,000 after buying an additional 13,241 shares during the last quarter. FNY Investment Advisers LLC lifted its holdings in Western Asset Global Corp Defind Opp Fnd by 1,925.9% during the 3rd quarter. FNY Investment Advisers LLC now owns 6,564 shares of the company’s stock worth $114,000 after buying an additional 6,240 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in Western Asset Global Corp Defind Opp Fnd by 210.0% during the 3rd quarter. Steward Partners Investment Advisory LLC now owns 7,750 shares of the company’s stock worth $135,000 after buying an additional 5,250 shares during the last quarter. Finally, LPL Financial LLC lifted its holdings in Western Asset Global Corp Defind Opp Fnd by 15.0% during the 2nd quarter. LPL Financial LLC now owns 18,379 shares of the company’s stock worth $315,000 after buying an additional 2,402 shares during the last quarter.

Western Asset Global Corp Defind Opp Fnd Company Profile (NYSE:GDO)

Western Asset Global Corporate Defined Opportunity 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 Western Asset Management Company, Western Asset Management Company Pte. Ltd., Western Asset Management Company Ltd., and Western Asset Management Company Limited.

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