Western Asset High Income Fund II Inc. $HIX Shares Purchased by Rareview Capital LLC

Rareview Capital LLC raised its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 8.5% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 381,889 shares of the closed-end fund’s stock after buying an additional 29,992 shares during the period. Western Asset High Income Fund II comprises approximately 1.0% of Rareview Capital LLC’s holdings, making the stock its 29th largest position. Rareview Capital LLC’s holdings in Western Asset High Income Fund II were worth $1,638,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HIX. Invesco Ltd. grew its stake in shares of Western Asset High Income Fund II by 1.7% in the 1st quarter. Invesco Ltd. now owns 984,945 shares of the closed-end fund’s stock worth $4,117,000 after purchasing an additional 16,267 shares during the last quarter. HighTower Advisors LLC acquired a new position in shares of Western Asset High Income Fund II in the 1st quarter worth approximately $74,000. Cetera Investment Advisers grew its stake in shares of Western Asset High Income Fund II by 4.7% in the 1st quarter. Cetera Investment Advisers now owns 64,125 shares of the closed-end fund’s stock worth $268,000 after purchasing an additional 2,895 shares during the last quarter. Quarry LP grew its stake in shares of Western Asset High Income Fund II by 48.7% in the 1st quarter. Quarry LP now owns 316,544 shares of the closed-end fund’s stock worth $1,323,000 after purchasing an additional 103,644 shares during the last quarter. Finally, North Ground Capital acquired a new position in shares of Western Asset High Income Fund II in the 1st quarter worth approximately $452,000.

Western Asset High Income Fund II Stock Down 0.4%

Shares of HIX opened at $4.22 on Tuesday. The firm’s 50 day moving average is $4.31 and its 200-day moving average is $4.25. Western Asset High Income Fund II Inc. has a 12-month low of $3.65 and a 12-month high of $4.54.

Western Asset High Income Fund II Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, November 3rd. Shareholders of record on Friday, October 24th were issued a $0.049 dividend. This represents a c) annualized dividend and a dividend yield of 14.0%. The ex-dividend date was Friday, October 24th.

Western Asset High Income Fund II Profile

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.