Western Asset Global Corp Defind Opp Fnd (GDO) Reaches New 52-Week High at $17.11

Shares of Western Asset Global Corp Defind Opp Fnd (NYSE:GDO) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $17.11 and last traded at $17.00, with a volume of 31697 shares changing hands. The stock had previously closed at $16.93.

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Friday, May 24th will be paid a $0.101 dividend. This represents a $1.21 annualized dividend and a dividend yield of 7.13%. The ex-dividend date of this dividend is Thursday, May 23rd.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. We Are One Seven LLC acquired a new stake in shares of Western Asset Global Corp Defind Opp Fnd in the fourth quarter valued at about $40,000. Virtu Financial LLC acquired a new stake in shares of Western Asset Global Corp Defind Opp Fnd in the fourth quarter valued at about $174,000. LPL Financial LLC acquired a new stake in shares of Western Asset Global Corp Defind Opp Fnd in the fourth quarter valued at about $187,000. Advisor Group Inc. increased its position in shares of Western Asset Global Corp Defind Opp Fnd by 5.7% in the fourth quarter. Advisor Group Inc. now owns 14,562 shares of the company’s stock valued at $218,000 after acquiring an additional 791 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in Western Asset Global Corp Defind Opp Fnd during the fourth quarter worth about $363,000.

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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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