Blue Bell Private Wealth Management LLC Increases Holdings in Saba Capital Income & Opportunities Fund II $SABA

Blue Bell Private Wealth Management LLC raised its holdings in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 203.6% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 198,563 shares of the company’s stock after acquiring an additional 133,163 shares during the quarter. Blue Bell Private Wealth Management LLC owned approximately 0.70% of Saba Capital Income & Opportunities Fund II worth $1,811,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Farther Finance Advisors LLC purchased a new stake in Saba Capital Income & Opportunities Fund II during the third quarter worth approximately $76,000. Abel Hall LLC acquired a new stake in Saba Capital Income & Opportunities Fund II during the second quarter worth approximately $92,000. Clear Creek Financial Management LLC lifted its position in shares of Saba Capital Income & Opportunities Fund II by 10.6% during the 2nd quarter. Clear Creek Financial Management LLC now owns 13,025 shares of the company’s stock worth $120,000 after buying an additional 1,250 shares during the last quarter. Absolute Investment Advisers LLC acquired a new position in shares of Saba Capital Income & Opportunities Fund II in the 2nd quarter valued at $126,000. Finally, Bank of America Corp DE grew its position in shares of Saba Capital Income & Opportunities Fund II by 35.2% in the 2nd quarter. Bank of America Corp DE now owns 20,549 shares of the company’s stock valued at $189,000 after buying an additional 5,348 shares during the last quarter. Institutional investors and hedge funds own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Trading Up 1.0%

Shares of NYSE:SABA opened at $8.39 on Tuesday. Saba Capital Income & Opportunities Fund II has a 12 month low of $7.72 and a 12 month high of $9.46. The company’s fifty day moving average price is $8.64 and its 200 day moving average price is $8.98.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Monday, January 12th will be issued a $0.058 dividend. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, January 12th.

Saba Capital Income & Opportunities Fund II Company Profile

Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.