Western Asset High Income Fund II Inc. (NYSE:HIX) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC cut its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 26.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,139 shares of the closed-end fund’s stock after selling 15,470 shares during the period. Commonwealth Equity Services LLC’s holdings in Western Asset High Income Fund II were worth $182,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in HIX. Apollon Wealth Management LLC acquired a new position in Western Asset High Income Fund II during the fourth quarter worth about $66,000. Arete Wealth Advisors LLC boosted its position in shares of 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 valued at $150,000 after purchasing an additional 16,535 shares in the last quarter. XTX Topco Ltd acquired a new position in shares of Western Asset High Income Fund II in the 3rd quarter worth approximately $178,000. Chicago Partners Investment Group LLC raised its holdings in shares of 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 worth $346,000 after purchasing an additional 23,206 shares in the last quarter. Finally, Calamos Advisors LLC lifted its stake in Western Asset High Income Fund II by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 83,491 shares of the closed-end fund’s stock valued at $351,000 after purchasing an additional 16,055 shares during the last quarter.

Western Asset High Income Fund II Stock Performance

Western Asset High Income Fund II stock opened at $3.92 on Friday. Western Asset High Income Fund II Inc. has a 1 year low of $3.65 and a 1 year high of $4.54. The firm’s 50 day moving average price is $4.25 and its two-hundred day moving average price is $4.33.

Western Asset High Income Fund II Dividend Announcement

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

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.