Western Asset High Income Fund II Inc. $HIX Shares Acquired by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its position in Western Asset High Income Fund II Inc. (NYSE:HIX) by 31.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 123,080 shares of the closed-end fund’s stock after acquiring an additional 29,433 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Western Asset High Income Fund II were worth $528,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in HIX. Shaker Financial Services LLC increased its position in shares of Western Asset High Income Fund II by 127.4% in the 1st quarter. Shaker Financial Services LLC now owns 609,954 shares of the closed-end fund’s stock valued at $2,572,000 after purchasing an additional 341,690 shares during the last quarter. Absolute Investment Advisers LLC grew its stake in shares of Western Asset High Income Fund II by 24.0% during the second quarter. Absolute Investment Advisers LLC now owns 625,944 shares of the closed-end fund’s stock worth $2,685,000 after purchasing an additional 121,200 shares in the last quarter. North Ground Capital purchased a new position in Western Asset High Income Fund II in the first quarter valued at $452,000. Quarry LP raised its stake in Western Asset High Income Fund II by 48.7% in the first quarter. Quarry LP now owns 316,544 shares of the closed-end fund’s stock valued at $1,323,000 after buying an additional 103,644 shares in the last quarter. Finally, AlphaCore Capital LLC purchased a new stake in Western Asset High Income Fund II during the 1st quarter worth about $226,000.

Western Asset High Income Fund II Stock Up 0.4%

NYSE:HIX opened at $4.16 on Tuesday. Western Asset High Income Fund II Inc. has a 1 year low of $3.65 and a 1 year high of $4.54. The stock has a 50-day simple moving average of $4.27 and a 200-day simple moving average of $4.26.

Western Asset High Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Friday, February 20th will be paid a $0.049 dividend. This represents a c) annualized dividend and a yield of 14.2%. The ex-dividend date is Friday, February 20th.

Western Asset High Income Fund II Company 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.