Robinson Capital Management LLC Lowers Position in New America High Income Fund Inc. (NYSE:HYB)

Robinson Capital Management LLC lowered its holdings in New America High Income Fund Inc. (NYSE:HYB) by 9.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 144,207 shares of the investment management company’s stock after selling 15,793 shares during the period. Robinson Capital Management LLC’s holdings in New America High Income Fund were worth $1,317,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in HYB. Founders Financial Securities LLC purchased a new stake in shares of New America High Income Fund in the 3rd quarter valued at about $1,044,000. Envestnet Asset Management Inc. raised its holdings in shares of New America High Income Fund by 14.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 38,318 shares of the investment management company’s stock valued at $338,000 after acquiring an additional 4,874 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in shares of New America High Income Fund in the 3rd quarter valued at about $326,000. FNY Investment Advisers LLC raised its holdings in shares of New America High Income Fund by 1,643.4% in the 3rd quarter. FNY Investment Advisers LLC now owns 15,900 shares of the investment management company’s stock valued at $140,000 after acquiring an additional 14,988 shares in the last quarter. Finally, Bingham Osborn & Scarborough LLC raised its holdings in shares of New America High Income Fund by 1.9% during the 3rd quarter. Bingham Osborn & Scarborough LLC now owns 87,299 shares of the investment management company’s stock valued at $771,000 after buying an additional 1,609 shares in the last quarter. 21.59% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE HYB traded up $0.03 during trading hours on Friday, reaching $9.28. 5,739 shares of the stock traded hands, compared to its average volume of 106,557. New America High Income Fund Inc. has a 52-week low of $8.27 and a 52-week high of $9.30. The company’s 50-day simple moving average is $9.17 and its two-hundred day simple moving average is $8.95.

New America High Income Fund Profile

The New America High Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e.

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

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