Commonwealth Equity Services Inc Decreases Holdings in Western Asset High Income Fund II Inc. (NYSE:HIX)

Commonwealth Equity Services Inc decreased its holdings in Western Asset High Income Fund II Inc. (NYSE:HIX) by 28.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 60,118 shares of the closed-end fund’s stock after selling 24,236 shares during the period. Commonwealth Equity Services Inc owned approximately 0.07% of Western Asset High Income Fund II worth $433,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. IFP Advisors Inc raised its stake in shares of Western Asset High Income Fund II by 34.0% during the second quarter. IFP Advisors Inc now owns 31,549 shares of the closed-end fund’s stock valued at $227,000 after purchasing an additional 8,001 shares during the period. IFC Holdings Incorporated FL purchased a new stake in shares of Western Asset High Income Fund II during the second quarter valued at approximately $139,000. Shaker Financial Services LLC raised its stake in shares of Western Asset High Income Fund II by 32.8% during the second quarter. Shaker Financial Services LLC now owns 492,095 shares of the closed-end fund’s stock valued at $3,538,000 after purchasing an additional 121,412 shares during the period. SG Americas Securities LLC purchased a new stake in shares of Western Asset High Income Fund II during the second quarter valued at approximately $654,000. Finally, Alethea Capital Management LLC increased its stake in shares of Western Asset High Income Fund II by 100.0% in the second quarter. Alethea Capital Management LLC now owns 53,170 shares of the closed-end fund’s stock worth $382,000 after buying an additional 26,585 shares during the last quarter.

Shares of Western Asset High Income Fund II Inc. (HIX) opened at $6.94 on Monday. Western Asset High Income Fund II Inc. has a 12 month low of $6.50 and a 12 month high of $7.46.

The business also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Investors of record on Friday, February 16th will be paid a $0.046 dividend. The ex-dividend date is Thursday, February 15th. This represents a $0.55 dividend on an annualized basis and a dividend yield of 7.95%.

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Western Asset High Income Fund II Profile

Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.

Institutional Ownership by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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