New America High Income Fund Inc. (NYSE:HYB) Director Oleg M. Pohotsky acquired 10,000 shares of the firm’s stock in a transaction on Wednesday, April 18th. The stock was purchased at an average price of $8.70 per share, with a total value of $87,000.00. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

NYSE:HYB opened at $8.63 on Friday. New America High Income Fund Inc. has a 52 week low of $8.48 and a 52 week high of $10.20.

A number of large investors have recently bought and sold shares of the business. Wells Fargo & Company MN grew its position in shares of New America High Income Fund by 2.2% during the 3rd quarter. Wells Fargo & Company MN now owns 271,917 shares of the investment management company’s stock valued at $2,703,000 after acquiring an additional 5,884 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in shares of New America High Income Fund by 29.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 28,789 shares of the investment management company’s stock valued at $271,000 after acquiring an additional 6,588 shares during the period. OLD Second National Bank of Aurora grew its position in shares of New America High Income Fund by 41.8% during the 4th quarter. OLD Second National Bank of Aurora now owns 35,272 shares of the investment management company’s stock valued at $332,000 after acquiring an additional 10,402 shares during the period. LPL Financial LLC bought a new position in shares of New America High Income Fund during the 4th quarter valued at approximately $102,000. Finally, Raymond James & Associates grew its position in shares of New America High Income Fund by 43.1% during the 4th quarter. Raymond James & Associates now owns 39,118 shares of the investment management company’s stock valued at $368,000 after acquiring an additional 11,790 shares during the period. Hedge funds and other institutional investors own 20.17% of the company’s stock.

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New America High Income Fund Company 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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