D.A. Davidson & CO. increased its position in Western Asset High Income Fund II Inc. (NYSE:HIX) by 340.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 21,628 shares of the closed-end fund’s stock after buying an additional 16,712 shares during the period. D.A. Davidson & CO.’s holdings in Western Asset High Income Fund II were worth $155,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of HIX. IFP Advisors Inc boosted its holdings in shares of Western Asset High Income Fund II by 34.0% during the 2nd quarter. IFP Advisors Inc now owns 31,549 shares of the closed-end fund’s stock valued at $227,000 after purchasing an additional 8,001 shares during the last quarter. IFC Holdings Incorporated FL bought a new position in shares of Western Asset High Income Fund II during the 2nd quarter valued at about $139,000. Shaker Financial Services LLC boosted its holdings in shares of Western Asset High Income Fund II by 32.8% during the 2nd quarter. Shaker Financial Services LLC now owns 492,095 shares of the closed-end fund’s stock valued at $3,538,000 after purchasing an additional 121,412 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Western Asset High Income Fund II during the 2nd quarter valued at about $654,000. Finally, Alethea Capital Management LLC boosted its holdings in shares of Western Asset High Income Fund II by 100.0% during the 2nd quarter. Alethea Capital Management LLC now owns 53,170 shares of the closed-end fund’s stock valued at $382,000 after purchasing an additional 26,585 shares during the last quarter.

Western Asset High Income Fund II Inc. (NYSE:HIX) traded up $0.03 on Friday, hitting $6.93. 502,329 shares of the company’s stock traded hands, compared to its average volume of 221,157. Western Asset High Income Fund II Inc. has a twelve month low of $6.50 and a twelve month high of $7.46.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Friday, February 16th will be issued a dividend of $0.046 per share. This represents a $0.55 annualized dividend and a dividend yield of 7.97%. The ex-dividend date of this dividend is Thursday, February 15th.

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About Western Asset High Income Fund II

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.

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

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