Melfa Wealth Management Inc. Boosts Stake in Western Asset High Income Fund II Inc. (NYSE:HIX)

Melfa Wealth Management Inc. grew its position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 40.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 118,946 shares of the closed-end fund’s stock after acquiring an additional 34,500 shares during the quarter. Melfa Wealth Management Inc.’s holdings in Western Asset High Income Fund II were worth $501,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Insigneo Advisory Services LLC purchased a new stake in shares of Western Asset High Income Fund II during the 2nd quarter worth about $123,000. Quarry LP lifted its position in Western Asset High Income Fund II by 57.4% during the second quarter. Quarry LP now owns 106,321 shares of the closed-end fund’s stock valued at $462,000 after buying an additional 38,761 shares in the last quarter. Sage Capital Advisors llc grew its stake in Western Asset High Income Fund II by 5.1% during the third quarter. Sage Capital Advisors llc now owns 90,541 shares of the closed-end fund’s stock worth $408,000 after buying an additional 4,404 shares during the period. Chicago Partners Investment Group LLC raised its stake in shares of Western Asset High Income Fund II by 63.2% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 58,291 shares of the closed-end fund’s stock valued at $260,000 after acquiring an additional 22,571 shares during the period. Finally, Shaker Financial Services LLC lifted its holdings in shares of Western Asset High Income Fund II by 992.3% during the 3rd quarter. Shaker Financial Services LLC now owns 262,159 shares of the closed-end fund’s stock valued at $1,195,000 after acquiring an additional 238,159 shares in the last quarter.

Western Asset High Income Fund II Trading Up 0.1 %

Shares of NYSE HIX opened at $4.30 on Wednesday. The stock has a fifty day moving average price of $4.35 and a 200 day moving average price of $4.40. Western Asset High Income Fund II Inc. has a 12-month low of $4.15 and a 12-month high of $4.71.

Western Asset High Income Fund II Announces Dividend

The business also recently announced a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be paid a $0.049 dividend. The ex-dividend date is Friday, January 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.