Abel Hall LLC Invests $92,000 in Saba Capital Income & Opportunities Fund II $SABA

Abel Hall LLC acquired a new position in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,000 shares of the company’s stock, valued at approximately $92,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Comprehensive Money Management Services LLC boosted its position in shares of Saba Capital Income & Opportunities Fund II by 1.7% during the 1st quarter. Comprehensive Money Management Services LLC now owns 112,314 shares of the company’s stock worth $977,000 after purchasing an additional 1,846 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of Saba Capital Income & Opportunities Fund II by 2.6% during the 1st quarter. Private Advisor Group LLC now owns 78,248 shares of the company’s stock worth $681,000 after purchasing an additional 2,000 shares in the last quarter. US Bancorp DE bought a new position in shares of Saba Capital Income & Opportunities Fund II during the 1st quarter worth about $35,000. Chicago Partners Investment Group LLC bought a new position in shares of Saba Capital Income & Opportunities Fund II during the 1st quarter worth about $96,000. Finally, Clear Creek Financial Management LLC bought a new position in shares of Saba Capital Income & Opportunities Fund II during the 1st quarter worth about $102,000. Institutional investors own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Stock Up 0.4%

Shares of NYSE SABA opened at $9.14 on Thursday. Saba Capital Income & Opportunities Fund II has a fifty-two week low of $7.72 and a fifty-two week high of $9.46. The firm’s 50-day simple moving average is $9.22 and its 200 day simple moving average is $8.93.

Saba Capital Income & Opportunities Fund II Announces Dividend

The firm also recently declared a oct 25 dividend, which will be paid on Friday, October 31st. Investors of record on Thursday, October 9th will be given a $0.085 dividend. The ex-dividend date of this dividend is Thursday, October 9th. This represents a yield of 762.0%.

Saba Capital Income & Opportunities Fund II Company Profile

Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P.