Deutsche High Income Opportunitis Fd Inc (NYSE:DHG) major shareholder Saba Capital Management, L.P. sold 96,661 shares of Deutsche Highome Opportunitis Fd stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $15.00, for a total transaction of $1,449,915.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Tuesday, September 12th, Saba Capital Management, L.P. sold 1,016 shares of Deutsche Highome Opportunitis Fd stock. The shares were sold at an average price of $15.06, for a total transaction of $15,300.96.
  • On Wednesday, September 6th, Saba Capital Management, L.P. sold 91,052 shares of Deutsche Highome Opportunitis Fd stock. The shares were sold at an average price of $15.03, for a total transaction of $1,368,511.56.
  • On Thursday, August 17th, Saba Capital Management, L.P. sold 57,225 shares of Deutsche Highome Opportunitis Fd stock. The shares were sold at an average price of $14.87, for a total transaction of $850,935.75.

Shares of Deutsche High Income Opportunitis Fd Inc (DHG) opened at 15.04 on Thursday. Deutsche High Income Opportunitis Fd Inc has a 12-month low of $13.79 and a 12-month high of $15.13. The company has a 50-day moving average of $14.98 and a 200 day moving average of $14.82.

The company also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Monday, September 18th will be paid a dividend of $0.069 per share. This represents a $0.83 annualized dividend and a dividend yield of 5.51%. The ex-dividend date of this dividend is Friday, September 15th.

COPYRIGHT VIOLATION WARNING: “Insider Selling: Deutsche High Income Opportunitis Fd Inc (DHG) Major Shareholder Sells $1,449,915.00 in Stock” was first published by Daily Political and is the property of of Daily Political. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://www.dailypolitical.com/2017/09/14/insider-selling-deutsche-high-income-opportunitis-fd-inc-dhg-major-shareholder-sells-1449915-00-in-stock.html.

A number of hedge funds have recently modified their holdings of DHG. Ameriprise Financial Inc. acquired a new position in Deutsche Highome Opportunitis Fd during the second quarter worth approximately $397,000. Punch & Associates Investment Management Inc. increased its position in Deutsche Highome Opportunitis Fd by 6.0% during the second quarter. Punch & Associates Investment Management Inc. now owns 455,665 shares of the real estate investment trust’s stock worth $6,780,000 after purchasing an additional 25,990 shares during the last quarter. Icon Advisers Inc. Co. increased its position in Deutsche Highome Opportunitis Fd by 43.9% during the second quarter. Icon Advisers Inc. Co. now owns 66,150 shares of the real estate investment trust’s stock worth $984,000 after purchasing an additional 20,186 shares during the last quarter. Wells Fargo & Company MN increased its position in Deutsche Highome Opportunitis Fd by 0.7% during the second quarter. Wells Fargo & Company MN now owns 213,949 shares of the real estate investment trust’s stock worth $3,183,000 after purchasing an additional 1,525 shares during the last quarter. Finally, Royal Bank of Canada increased its position in Deutsche Highome Opportunitis Fd by 0.9% during the second quarter. Royal Bank of Canada now owns 11,339 shares of the real estate investment trust’s stock worth $169,000 after purchasing an additional 105 shares during the last quarter.

Deutsche Highome Opportunitis Fd Company Profile

Deutsche High Income Opportunities Fund, Inc (the Fund) is a closed-end, diversified management investment company. Its investment objective is to seek high current income with a secondary objective of total return. It pursues its investment objective by investing primarily in securities designed to generate income, with the potential for capital appreciation being a secondary consideration.

Insider Buying and Selling by Quarter for Deutsche Highome Opportunitis Fd (NYSE:DHG)

Receive News & Ratings for Deutsche High Income Opportunitis Fd Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche High Income Opportunitis Fd Inc and related companies with MarketBeat.com's FREE daily email newsletter.