Camelot Portfolios LLC raised its position in NEW AMER HI INC (NYSE:HYB) by 23.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,283 shares of the investment management company’s stock after buying an additional 3,324 shares during the period. Camelot Portfolios LLC’s holdings in NEW AMER HI INC were worth $164,000 as of its most recent filing with the SEC.

Separately, Alpha Cubed Investments LLC acquired a new stake in NEW AMER HI INC during the second quarter worth approximately $130,000. 21.71% of the stock is owned by hedge funds and other institutional investors.

Shares of NEW AMER HI INC (NYSE HYB) opened at 9.68 on Tuesday. NEW AMER HI INC has a 52-week low of $8.33 and a 52-week high of $9.83. The company’s 50-day moving average price is $9.59 and its 200-day moving average price is $9.50.

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 17th will be given a $0.06 dividend. The ex-dividend date is Tuesday, August 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.44%.

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About NEW AMER HI INC

The New America High Income Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income while seeking to preserve stockholders’ capital through investment in a professionally managed, diversified portfolio of high yield fixed-income securities.

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