Western Asset High Income Fund II Inc. (NYSE:HIX) Shares Sold by Baird Financial Group Inc.

Baird Financial Group Inc. decreased its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIXGet Rating) by 7.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 169,100 shares of the closed-end fund’s stock after selling 14,399 shares during the period. Baird Financial Group Inc.’s holdings in Western Asset High Income Fund II were worth $834,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. GraniteShares Advisors LLC lifted its holdings in Western Asset High Income Fund II by 9.7% in the 1st quarter. GraniteShares Advisors LLC now owns 413,120 shares of the closed-end fund’s stock worth $2,486,000 after buying an additional 36,642 shares in the last quarter. AEGON USA Investment Management LLC lifted its holdings in Western Asset High Income Fund II by 138.9% in the 2nd quarter. AEGON USA Investment Management LLC now owns 102,779 shares of the closed-end fund’s stock worth $507,000 after buying an additional 59,757 shares in the last quarter. Virtu Financial LLC acquired a new position in Western Asset High Income Fund II in the 1st quarter worth $72,000. Private Advisor Group LLC acquired a new position in Western Asset High Income Fund II in the 1st quarter worth $64,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Western Asset High Income Fund II by 893.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 31,088 shares of the closed-end fund’s stock worth $153,000 after buying an additional 27,960 shares in the last quarter.

Western Asset High Income Fund II Trading Up 2.0 %

Shares of HIX stock opened at $5.08 on Monday. Western Asset High Income Fund II Inc. has a 12 month low of $4.14 and a 12 month high of $7.26. The company’s fifty day moving average price is $4.70 and its two-hundred day moving average price is $5.07.

Western Asset High Income Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, March 1st. Stockholders of record on Tuesday, February 21st will be paid a $0.049 dividend. The ex-dividend date of this dividend is Friday, February 17th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 11.57%.

Western Asset High Income Fund II Company Profile

(Get Rating)

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.

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

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