Raymond James Financial Inc. Buys Shares of 196,490 Western Asset High Income Fund II Inc. (NYSE:HIX)

Raymond James Financial Inc. acquired a new position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 196,490 shares of the closed-end fund’s stock, valued at approximately $827,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of HIX. Apollon Wealth Management LLC purchased a new position in shares of Western Asset High Income Fund II in the fourth quarter valued at approximately $66,000. Arete Wealth Advisors LLC lifted its holdings in Western Asset High Income Fund II by 97.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 33,499 shares of the closed-end fund’s stock worth $150,000 after buying an additional 16,535 shares in the last quarter. XTX Topco Ltd acquired a new stake in Western Asset High Income Fund II during the 3rd quarter worth approximately $178,000. Chicago Partners Investment Group LLC boosted its position in Western Asset High Income Fund II by 39.8% in the 4th quarter. Chicago Partners Investment Group LLC now owns 81,497 shares of the closed-end fund’s stock valued at $346,000 after buying an additional 23,206 shares during the period. Finally, Calamos Advisors LLC grew its stake in shares of Western Asset High Income Fund II by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 83,491 shares of the closed-end fund’s stock worth $351,000 after acquiring an additional 16,055 shares in the last quarter.

Western Asset High Income Fund II Trading Down 6.2 %

Shares of NYSE HIX opened at $3.86 on Friday. The business’s fifty day simple moving average is $4.29 and its 200-day simple moving average is $4.36. Western Asset High Income Fund II Inc. has a 12-month low of $3.65 and a 12-month high of $4.54.

Western Asset High Income Fund II Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.049 dividend. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend was Monday, March 24th.

About Western Asset High Income Fund II

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.