Apollon Wealth Management LLC Acquires Shares of 15,645 Western Asset High Income Fund II Inc. (NYSE:HIX)

Apollon Wealth Management LLC bought a new position in Western Asset High Income Fund II Inc. (NYSE:HIX) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 15,645 shares of the closed-end fund’s stock, valued at approximately $66,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of HIX. D.A. Davidson & CO. purchased a new position in Western Asset High Income Fund II in the third quarter worth $81,000. Arete Wealth Advisors LLC boosted its holdings in shares of Western Asset High Income Fund II by 97.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 33,499 shares of the closed-end fund’s stock worth $150,000 after buying an additional 16,535 shares during the last quarter. XTX Topco Ltd purchased a new position in shares of Western Asset High Income Fund II in the 3rd quarter worth about $178,000. Wolverine Asset Management LLC purchased a new stake in Western Asset High Income Fund II during the third quarter worth about $198,000. Finally, Chicago Partners Investment Group LLC increased its holdings in Western Asset High Income Fund II by 63.2% during the third quarter. Chicago Partners Investment Group LLC now owns 58,291 shares of the closed-end fund’s stock worth $260,000 after buying an additional 22,571 shares during the last quarter.

Western Asset High Income Fund II Trading Up 1.3 %

HIX opened at $4.41 on Friday. The company’s 50-day moving average price is $4.30 and its two-hundred day moving average price is $4.38. Western Asset High Income Fund II Inc. has a twelve month low of $4.15 and a twelve month high of $4.57.

Western Asset High Income Fund II Announces Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 3rd. Investors of record on Monday, January 27th were paid a $0.049 dividend. The ex-dividend date was Friday, January 24th. This represents a yield of 13.64%.

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.