Wealth Enhancement Advisory Services LLC Buys New Shares in Western Asset High Income Fund II Inc. (NYSE:HIX)

Wealth Enhancement Advisory Services LLC bought a new stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 12,941 shares of the closed-end fund’s stock, valued at approximately $54,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Marshall & Sterling Wealth Advisors Inc. purchased a new position in Western Asset High Income Fund II during the fourth quarter valued at $35,000. Wedbush Securities Inc. purchased a new position in Western Asset High Income Fund II during the fourth quarter valued at $63,000. Total Wealth Planning & Management Inc. purchased a new position in shares of Western Asset High Income Fund II in the fourth quarter valued at about $83,000. Arete Wealth Advisors LLC lifted its position in shares of Western Asset High Income Fund II by 8.1% in the fourth quarter. Arete Wealth Advisors LLC now owns 36,196 shares of the closed-end fund’s stock valued at $152,000 after acquiring an additional 2,697 shares in the last quarter. Finally, Mosaic Family Wealth Partners LLC lifted its position in shares of Western Asset High Income Fund II by 82.8% in the fourth quarter. Mosaic Family Wealth Partners LLC now owns 37,881 shares of the closed-end fund’s stock valued at $159,000 after acquiring an additional 17,154 shares in the last quarter.

Western Asset High Income Fund II Stock Performance

Shares of Western Asset High Income Fund II stock opened at $4.25 on Thursday. The stock’s 50-day simple moving average is $4.12 and its 200-day simple moving average is $4.23. Western Asset High Income Fund II Inc. has a 52 week low of $3.65 and a 52 week high of $4.54.

Western Asset High Income Fund II Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th will be given a $0.049 dividend. The ex-dividend date of this dividend is Monday, June 23rd. This represents a dividend yield of 13.84%.

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.