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

Posted by Defense World Staff on Apr 20th, 2024

Raymond James & Associates increased its stake in Western Asset High Income Fund II Inc. (NYSE:HIX – Free Report) by 4.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 260,974 shares of the closed-end fund’s stock after buying an additional 11,947 shares during the period. Raymond James & Associates’ holdings in Western Asset High Income Fund II were worth $1,294,000 at the end of the most recent quarter.

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

Western Asset High Income Fund II Stock Up 0.2 %

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

Western Asset High Income Fund II Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Tuesday, April 23rd will be given a dividend of $0.049 per share. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $0.59 dividend on an annualized basis 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.