Founders Financial Securities LLC Invests $115,000 in New America High Income Fund Inc. (HYB)

Founders Financial Securities LLC acquired a new position in shares of New America High Income Fund Inc. (NYSE:HYB) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 987,944 shares of the investment management company’s stock, valued at approximately $115,000. Founders Financial Securities LLC owned approximately 4.23% of New America High Income Fund at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Laurion Capital Management LP purchased a new stake in shares of New America High Income Fund during the second quarter worth $933,000. Saba Capital Management L.P. raised its holdings in shares of New America High Income Fund by 1,704.8% during the second quarter. Saba Capital Management L.P. now owns 360,575 shares of the investment management company’s stock worth $3,108,000 after acquiring an additional 340,596 shares in the last quarter. Sit Investment Associates Inc. raised its holdings in shares of New America High Income Fund by 448.7% during the second quarter. Sit Investment Associates Inc. now owns 164,053 shares of the investment management company’s stock worth $1,414,000 after acquiring an additional 134,153 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of New America High Income Fund during the second quarter worth $1,222,000. Finally, Raymond James & Associates raised its holdings in shares of New America High Income Fund by 16.9% during the second quarter. Raymond James & Associates now owns 40,970 shares of the investment management company’s stock worth $353,000 after acquiring an additional 5,918 shares in the last quarter. Institutional investors and hedge funds own 22.07% of the company’s stock.

In other New America High Income Fund news, Director Maguerite A. Piret sold 3,175 shares of the firm’s stock in a transaction dated Monday, August 20th. The stock was sold at an average price of $8.52, for a total transaction of $27,051.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 3.10% of the stock is currently owned by company insiders.

Shares of NYSE:HYB opened at $8.29 on Thursday. New America High Income Fund Inc. has a 1 year low of $8.27 and a 1 year high of $10.08.

New America High Income Fund Company Profile

There is no company description available for New America High Income Fund.

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Institutional Ownership by Quarter for New America High Income Fund (NYSE:HYB)

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