J.W. Cole Advisors Inc. Purchases New Position in Western Asset Global High Income Fund Inc. (NYSE:EHI)

J.W. Cole Advisors Inc. acquired a new stake in Western Asset Global High Income Fund Inc. (NYSE:EHI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 29,875 shares of the company’s stock, valued at approximately $211,000.

Separately, Focus Financial Network Inc. ADV bought a new position in shares of Western Asset Global High Income Fund in the 4th quarter valued at $182,000.

Western Asset Global High Income Fund Stock Performance

Shares of EHI stock opened at $7.07 on Friday. Western Asset Global High Income Fund Inc. has a twelve month low of $6.00 and a twelve month high of $7.42. The stock’s fifty day simple moving average is $7.08 and its 200 day simple moving average is $7.04.

Western Asset Global High Income Fund Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 23rd will be issued a dividend of $0.07 per share. This is a boost from Western Asset Global High Income Fund’s previous dividend of $0.06. The ex-dividend date is Monday, September 23rd.

Western Asset Global High Income Fund Profile

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