Oppenheimer & Co. Inc. Buys 35,992 Shares of Western Asset High Income Fund II Inc. (NYSE:HIX)

Oppenheimer & Co. Inc. boosted its stake in Western Asset High Income Fund II Inc. (NYSE:HIX) by 22.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 192,971 shares of the closed-end fund’s stock after acquiring an additional 35,992 shares during the period. Oppenheimer & Co. Inc.’s holdings in Western Asset High Income Fund II were worth $812,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Apollon Wealth Management LLC bought a new stake in shares of Western Asset High Income Fund II during the 4th quarter valued at $66,000. Rockefeller Capital Management L.P. boosted its holdings in shares of Western Asset High Income Fund II by 5.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 156,751 shares of the closed-end fund’s stock valued at $707,000 after buying an additional 8,000 shares in the last quarter. D.A. Davidson & CO. bought a new stake in shares of Western Asset High Income Fund II during the 3rd quarter valued at $81,000. Chicago Partners Investment Group LLC boosted its holdings in shares of Western Asset High Income Fund II by 39.8% during the 4th quarter. Chicago Partners Investment Group LLC now owns 81,497 shares of the closed-end fund’s stock valued at $346,000 after buying an additional 23,206 shares in the last quarter. Finally, Wolverine Asset Management LLC bought a new stake in shares of Western Asset High Income Fund II during the 3rd quarter valued at $198,000.

Western Asset High Income Fund II Stock Performance

Shares of HIX stock opened at $4.39 on Thursday. Western Asset High Income Fund II Inc. has a 12 month low of $4.15 and a 12 month high of $4.54. The company’s fifty day moving average price is $4.31 and its 200-day moving average price is $4.38.

Western Asset High Income Fund II Announces Dividend

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a $0.049 dividend. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II 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 Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.