Dynamic Advisor Solutions LLC bought a new position in Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 56,864 shares of the company’s stock, valued at approximately $658,000. \n\nSeveral other hedge funds have also modified their holdings of GDO. Noble Wealth Management PBC bought a new position in shares of Western Asset Global Corporate Defined Opportunity Fund during the 1st quarter worth approximately $29,000. Ameriprise Financial Inc. grew its holdings in Western Asset Global Corporate Defined Opportunity Fund by 18.5% in the fourth quarter. Ameriprise Financial Inc. now owns 97,270 shares of the company’s stock worth $1,102,000 after purchasing an additional 15,212 shares during the last quarter. Shaker Financial Services LLC acquired a new position in shares of Western Asset Global Corporate Defined Opportunity Fund during the fourth quarter worth $572,000. 1607 Capital Partners LLC purchased a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund during the 4th quarter valued at $322,000. Finally, Raymond James Financial Inc. acquired a new stake in shares of Western Asset Global Corporate Defined Opportunity Fund in the 4th quarter worth $933,000. \n\nShares of GDO stock opened at $11.61 on Thursday. The stock’s fifty day moving average price is $11.33 and its 200 day moving average price is $11.34. Western Asset Global Corporate Defined Opportunity Fund Inc. has a 1-year low of $10.29 and a 1-year high of $13.01. \n\nThe firm also recently declared a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th will be issued a $0.122 dividend. This represents a yield of 12.64%. The ex-dividend date of this dividend is Monday, June 23rd. \n\nWestern 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.

Dynamic Advisor Solutions LLC Buys Shares of 56,864 Western Asset Global Corporate Defined Opportunity Fund Inc. (NYSE:GDO)

Dynamic Advisor Solutions LLC and other hedge funds have increased or established new positions in Western Asset Global Corporate Defined Opportunity Fund Inc. (GDO), a closed-end fixed income mutual fund. The fund recently declared a dividend, with shareholders set to receive $0.122 per share. Key transactions include Dynamic Advisor Solutions LLC purchasing 56,864 shares valued at $658,000, and Ameriprise Financial Inc. increasing its holdings by 18.5%.