Chicago Partners Investment Group LLC Acquires 22,571 Shares of Western Asset High Income Fund II Inc. (NYSE:HIX)

Chicago Partners Investment Group LLC grew its holdings in Western Asset High Income Fund II Inc. (NYSE:HIX) by 63.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 58,291 shares of the closed-end fund’s stock after buying an additional 22,571 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Western Asset High Income Fund II were worth $260,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Larson Financial Group LLC bought a new position in Western Asset High Income Fund II in the second quarter worth approximately $27,000. Shaker Financial Services LLC bought a new position in shares of Western Asset High Income Fund II in the 2nd quarter worth $104,000. Insigneo Advisory Services LLC bought a new position in shares of Western Asset High Income Fund II in the 2nd quarter worth $123,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Western Asset High Income Fund II during the 1st quarter worth $129,000. Finally, Calamos Advisors LLC boosted its position in Western Asset High Income Fund II by 46.4% during the second quarter. Calamos Advisors LLC now owns 51,678 shares of the closed-end fund’s stock valued at $225,000 after purchasing an additional 16,371 shares in the last quarter.

Western Asset High Income Fund II Trading Up 0.6 %

Shares of Western Asset High Income Fund II stock opened at $4.41 on Wednesday. Western Asset High Income Fund II Inc. has a one year low of $4.20 and a one year high of $5.05. The company has a 50-day simple moving average of $4.44 and a two-hundred day simple moving average of $4.42.

Western Asset High Income Fund II Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Thursday, November 21st will be paid a $0.049 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.59 annualized dividend and a yield of 13.35%.

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.