Western Asset High Income Fund II Inc. (HIX) Shares Sold by Robinson Capital Management LLC

Robinson Capital Management LLC decreased its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 3.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 277,006 shares of the closed-end fund’s stock after selling 8,800 shares during the quarter. Robinson Capital Management LLC’s holdings in Western Asset High Income Fund II were worth $1,795,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in shares of Western Asset High Income Fund II during the 4th quarter valued at about $41,000. Millennium Management LLC acquired a new stake in shares of Western Asset High Income Fund II during the 4th quarter valued at about $61,000. Karpus Management Inc. acquired a new stake in shares of Western Asset High Income Fund II during the 4th quarter valued at about $68,000. Shulman DeMeo Asset Management LLC acquired a new stake in shares of Western Asset High Income Fund II during the 4th quarter valued at about $87,000. Finally, OLD Mission Capital LLC acquired a new stake in shares of Western Asset High Income Fund II during the 4th quarter valued at about $120,000.

Shares of Western Asset High Income Fund II stock traded down $0.05 during trading on Wednesday, hitting $6.59. 39,869 shares of the company’s stock traded hands, compared to its average volume of 229,237. Western Asset High Income Fund II Inc. has a twelve month low of $5.42 and a twelve month high of $6.67.

The company also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Friday, May 24th will be given a $0.046 dividend. The ex-dividend date is Thursday, May 23rd. This represents a $0.55 dividend on an annualized basis and a yield of 8.38%.

In other news, major shareholder Saba Capital Management, L.P. purchased 55,356 shares of Western Asset High Income Fund II stock in a transaction on Friday, April 12th. The shares were purchased at an average cost of $6.61 per share, for a total transaction of $365,903.16. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders acquired 402,871 shares of company stock worth $2,543,496.

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Western Asset High Income Fund II 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.

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Institutional Ownership by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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