New Amer Hi Inc (HYB) Holdings Lifted by Raymond James Financial Services Advisors Inc.
Raymond James Financial Services Advisors Inc. raised its position in New Amer Hi Inc (NYSE:HYB) by 6.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 22,640 shares of the investment management company’s stock after buying an additional 1,440 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.10% of New Amer Hi worth $215,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Laurion Capital Management LP purchased a new position in New Amer Hi in the second quarter valued at $140,000. Wells Fargo & Company MN increased its stake in shares of New Amer Hi by 9.6% during the second quarter. Wells Fargo & Company MN now owns 266,033 shares of the investment management company’s stock worth $2,522,000 after purchasing an additional 23,334 shares in the last quarter. Camelot Portfolios LLC increased its stake in shares of New Amer Hi by 23.8% during the second quarter. Camelot Portfolios LLC now owns 17,283 shares of the investment management company’s stock worth $164,000 after purchasing an additional 3,324 shares in the last quarter. Alpha Cubed Investments LLC purchased a new stake in shares of New Amer Hi during the second quarter worth about $130,000. Finally, OLD Second National Bank of Aurora increased its stake in shares of New Amer Hi by 9.2% during the second quarter. OLD Second National Bank of Aurora now owns 24,870 shares of the investment management company’s stock worth $236,000 after purchasing an additional 2,100 shares in the last quarter. 18.39% of the stock is owned by institutional investors.
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Shares of New Amer Hi Inc (HYB) opened at $9.77 on Monday. New Amer Hi Inc has a one year low of $8.33 and a one year high of $10.20.
The business also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Thursday, November 16th will be paid a dividend of $0.06 per share. The ex-dividend date is Wednesday, November 15th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.37%.
New Amer Hi Profile
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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