Western Asset High Income Fund II Inc. (HIX) Shares Sold by Stifel Financial Corp

Stifel Financial Corp reduced its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 22.2% during the 4th quarter, HoldingsChannel reports. The fund owned 27,055 shares of the closed-end fund’s stock after selling 7,720 shares during the period. Stifel Financial Corp’s holdings in Western Asset High Income Fund II were worth $158,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. purchased a new position in shares of Western Asset High Income Fund II during the 3rd quarter valued at $220,000. NINE MASTS CAPITAL Ltd purchased a new position in shares of Western Asset High Income Fund II during the 3rd quarter valued at $885,000. Shulman DeMeo Asset Management LLC purchased a new position in shares of Western Asset High Income Fund II during the 4th quarter valued at $87,000. Proficio Capital Partners LLC purchased a new position in shares of Western Asset High Income Fund II during the 4th quarter valued at $41,000. Finally, Park Avenue Securities LLC grew its holdings in shares of Western Asset High Income Fund II by 8.8% during the 4th quarter. Park Avenue Securities LLC now owns 36,867 shares of the closed-end fund’s stock valued at $230,000 after acquiring an additional 2,980 shares in the last quarter.

In other Western Asset High Income Fund II news, major shareholder Saba Capital Management, L.P. acquired 11,876 shares of the firm’s stock in a transaction that occurred on Thursday, February 7th. The stock was purchased at an average cost of $6.36 per share, for a total transaction of $75,531.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders purchased 285,650 shares of company stock valued at $1,837,929 over the last quarter.

Western Asset High Income Fund II stock opened at $6.61 on Monday. Western Asset High Income Fund II Inc. has a 12 month low of $5.42 and a 12 month high of $6.67.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 24th will be issued a $0.046 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 8.35%. The ex-dividend date of this dividend is Thursday, May 23rd.

COPYRIGHT VIOLATION NOTICE: “Western Asset High Income Fund II Inc. (HIX) Shares Sold by Stifel Financial Corp” was first reported by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this piece on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark law. The correct version of this piece can be read at https://www.baseballdailydigest.com/news/2019/04/22/western-asset-high-income-fund-ii-inc-hix-shares-sold-by-stifel-financial-corp.html.

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.

Read More: How is an ETF different from a mutual fund?

Want to see what other hedge funds are holding HIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset High Income Fund II Inc. (NYSE:HIX).

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

Receive News & Ratings for Western Asset High Income Fund II Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset High Income Fund II and related companies with MarketBeat.com's FREE daily email newsletter.