Western Asset High Income Fund II Inc. (NYSE:HIX) Director William R. Hutchinson sold 2,000 shares of the business’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $6.35, for a total transaction of $12,700.00. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Shares of NYSE HIX opened at $6.35 on Tuesday. Western Asset High Income Fund II Inc. has a 1 year low of $5.97 and a 1 year high of $7.28.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 1st. Investors of record on Friday, October 19th will be given a dividend of $0.0455 per share. This represents a $0.55 annualized dividend and a dividend yield of 8.60%. The ex-dividend date of this dividend is Thursday, October 18th.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Trustcore Financial Services LLC boosted its stake in Western Asset High Income Fund II by 34.9% during the second quarter. Trustcore Financial Services LLC now owns 34,755 shares of the closed-end fund’s stock worth $224,000 after acquiring an additional 9,000 shares in the last quarter. Creative Planning boosted its stake in Western Asset High Income Fund II by 20.1% during the second quarter. Creative Planning now owns 81,290 shares of the closed-end fund’s stock worth $524,000 after acquiring an additional 13,629 shares in the last quarter. Citadel Advisors LLC boosted its stake in Western Asset High Income Fund II by 78.4% during the first quarter. Citadel Advisors LLC now owns 31,872 shares of the closed-end fund’s stock worth $209,000 after acquiring an additional 14,006 shares in the last quarter. Landscape Capital Management L.L.C. boosted its stake in Western Asset High Income Fund II by 26.9% during the first quarter. Landscape Capital Management L.L.C. now owns 85,106 shares of the closed-end fund’s stock worth $558,000 after acquiring an additional 18,045 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in Western Asset High Income Fund II by 2.2% during the first quarter. Guggenheim Capital LLC now owns 908,368 shares of the closed-end fund’s stock worth $5,959,000 after acquiring an additional 19,574 shares in the last quarter.

About Western Asset High Income Fund II

Western Asset High Income Fund II Inc is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company, Western Asset Management Company Limited, and Western Asset Management Company Pte. Ltd. It invests in the fixed income markets across the globe.

See Also: Exchange-Traded Funds (ETFs)

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