Raymond James Trust N.A. held its position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,500 shares of the closed-end fund’s stock at the close of the second quarter. Raymond James Trust N.A.’s holdings in Western Asset High Income Fund II were worth $241,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sage Capital Advisors llc purchased a new position in Western Asset High Income Fund II during the second quarter worth about $107,000. IFC Holdings Incorporated FL purchased a new position in Western Asset High Income Fund II during the second quarter worth about $139,000. IFP Advisors Inc lifted its position in Western Asset High Income Fund II by 34.0% during the second quarter. IFP Advisors Inc now owns 31,549 shares of the closed-end fund’s stock worth $227,000 after buying an additional 8,001 shares during the period. Alethea Capital Management LLC lifted its position in Western Asset High Income Fund II by 100.0% during the second quarter. Alethea Capital Management LLC now owns 53,170 shares of the closed-end fund’s stock worth $382,000 after buying an additional 26,585 shares during the period. Finally, SG Americas Securities LLC purchased a new position in Western Asset High Income Fund II during the second quarter worth about $654,000.

TRADEMARK VIOLATION NOTICE: “Raymond James Trust N.A. Has $241,000 Holdings in Western Asset High Income Fund II Inc. (HIX)” was originally reported by Daily Political and is owned by of Daily Political. If you are accessing this story on another site, it was illegally stolen and reposted in violation of international copyright legislation. The legal version of this story can be viewed at https://www.dailypolitical.com/2017/09/21/raymond-james-trust-n-a-has-241000-holdings-in-western-asset-high-income-fund-ii-inc-hix.html.

Western Asset High Income Fund II Inc. (HIX) opened at 7.16 on Thursday. The company’s 50-day moving average price is $7.18 and its 200 day moving average price is $7.25. Western Asset High Income Fund II Inc. has a 52-week low of $6.53 and a 52-week high of $7.46.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Friday, October 20th will be given a $0.049 dividend. The ex-dividend date is Thursday, October 19th. This represents a $0.59 annualized dividend and a dividend yield of 8.21%.

Western Asset High Income Fund II Profile

Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.

Want to see what other hedge funds are holding HIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset High Income Fund II Inc. (NYSE:HIX).

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

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