Western Asset High Income Fund II Inc. (NYSE:HIX) Shares Purchased by Raymond James & Associates

Posted by AM Reporter Staff on Apr 20th, 2024

Raymond James & Associates increased its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX – Free Report) by 4.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 260,974 shares of the closed-end fund’s stock after acquiring an additional 11,947 shares during the quarter. Raymond James & Associates’ holdings in Western Asset High Income Fund II were worth $1,294,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HIX. Clear Street Markets LLC acquired a new position in Western Asset High Income Fund II during the first quarter worth about $36,000. Jump Financial LLC acquired a new position in Western Asset High Income Fund II during the third quarter worth about $46,000. Stifel Financial Corp acquired a new position in Western Asset High Income Fund II during the second quarter worth about $53,000. Landscape Capital Management L.L.C. acquired a new position in Western Asset High Income Fund II during the third quarter worth about $58,000. Finally, Private Advisor Group LLC acquired a new position in Western Asset High Income Fund II during the first quarter worth about $64,000.

Western Asset High Income Fund II Stock Performance

HIX opened at $4.39 on Friday. Western Asset High Income Fund II Inc. has a twelve month low of $4.16 and a twelve month high of $5.07. The firm’s 50-day moving average price is $4.44 and its 200 day moving average price is $4.55.

Western Asset High Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Tuesday, April 23rd will be issued a $0.049 dividend. The ex-dividend date is Monday, April 22nd. This represents a $0.59 annualized dividend and a yield of 13.39%.

About Western Asset High Income Fund II

(Free Report)

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.