15,120 Shares in Western Asset High Income Fund II Inc. (NYSE:HIX) Purchased by Shulman DeMeo Asset Management LLC

Shulman DeMeo Asset Management LLC bought a new position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 15,120 shares of the closed-end fund’s stock, valued at approximately $102,000.

Other institutional investors also recently bought and sold shares of the company. Cetera Advisor Networks LLC grew its holdings in Western Asset High Income Fund II by 34.9% during the third quarter. Cetera Advisor Networks LLC now owns 17,390 shares of the closed-end fund’s stock worth $118,000 after acquiring an additional 4,500 shares during the period. Doliver Advisors LP acquired a new stake in Western Asset High Income Fund II during the third quarter worth about $77,000. Envestnet Asset Management Inc. grew its holdings in Western Asset High Income Fund II by 14.9% during the third quarter. Envestnet Asset Management Inc. now owns 48,503 shares of the closed-end fund’s stock worth $329,000 after acquiring an additional 6,290 shares during the period. Millennium Management LLC acquired a new stake in Western Asset High Income Fund II during the third quarter worth about $105,000. Finally, Ladenburg Thalmann Financial Services Inc. grew its holdings in Western Asset High Income Fund II by 19.2% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 44,912 shares of the closed-end fund’s stock worth $315,000 after acquiring an additional 7,223 shares during the period.

Shares of HIX opened at $6.86 on Thursday. Western Asset High Income Fund II Inc. has a 12 month low of $6.13 and a 12 month high of $7.12. The stock’s 50 day moving average is $6.69 and its two-hundred day moving average is $6.76.

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 20th were issued a $0.049 dividend. This is a positive change from Western Asset High Income Fund II’s previous monthly dividend of $0.05. This represents a $0.59 annualized dividend and a yield of 8.57%. The ex-dividend date was Thursday, December 19th.

Western Asset High Income Fund II 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.

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

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