Sage Capital Advisors llc Acquires 4,404 Shares of Western Asset High Income Fund II Inc. (NYSE:HIX)

Sage Capital Advisors llc grew its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 5.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,541 shares of the closed-end fund’s stock after buying an additional 4,404 shares during the period. Sage Capital Advisors llc’s holdings in Western Asset High Income Fund II were worth $408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Nomura Holdings Inc. bought a new stake in Western Asset High Income Fund II in the 4th quarter valued at $112,000. Hartline Investment Corp bought a new stake in shares of Western Asset High Income Fund II in the first quarter worth about $48,000. MRA Advisory Group lifted its position in shares of Western Asset High Income Fund II by 25.7% in the first quarter. MRA Advisory Group now owns 23,816 shares of the closed-end fund’s stock worth $106,000 after buying an additional 4,874 shares in the last quarter. Oppenheimer & Co. Inc. bought a new position in Western Asset High Income Fund II during the first quarter valued at approximately $129,000. Finally, Robinson Capital Management LLC purchased a new position in Western Asset High Income Fund II during the 1st quarter valued at approximately $385,000.

Western Asset High Income Fund II Price Performance

Shares of HIX opened at $4.44 on Wednesday. Western Asset High Income Fund II Inc. has a 1 year low of $4.16 and a 1 year high of $5.05. The business’s 50 day simple moving average is $4.41 and its 200-day simple moving average is $4.41.

Western Asset High Income Fund II Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 24th will be paid a dividend of $0.049 per share. The ex-dividend date is Thursday, October 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.