Thrivent Financial For Lutherans Boosts Position in Western Asset High Income Fund II Inc. (HIX)

Thrivent Financial For Lutherans boosted its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 353.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,406 shares of the closed-end fund’s stock after buying an additional 38,506 shares during the quarter. Thrivent Financial For Lutherans owned approximately 0.06% of Western Asset High Income Fund II worth $355,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of HIX. Shaker Financial Services LLC grew its position in Western Asset High Income Fund II by 32.8% during the second quarter. Shaker Financial Services LLC now owns 492,095 shares of the closed-end fund’s stock valued at $3,538,000 after buying an additional 121,412 shares during the period. SG Americas Securities LLC bought a new position in Western Asset High Income Fund II during the second quarter valued at about $654,000. NINE MASTS CAPITAL Ltd bought a new position in Western Asset High Income Fund II during the second quarter valued at about $646,000. Alethea Capital Management LLC grew its position in Western Asset High Income Fund II by 100.0% during the second quarter. Alethea Capital Management LLC now owns 53,170 shares of the closed-end fund’s stock valued at $382,000 after buying an additional 26,585 shares during the period. Finally, IFC Holdings Incorporated FL bought a new position in Western Asset High Income Fund II during the second quarter valued at about $139,000.

Western Asset High Income Fund II Inc. (NYSE:HIX) opened at 7.24 on Friday. The firm’s 50-day moving average is $7.19 and its 200-day moving average is $7.25. Western Asset High Income Fund II Inc. has a 12 month low of $6.53 and a 12 month high of $7.46.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Friday, October 20th will be given a $0.049 dividend. This represents a $0.59 dividend on an annualized basis and a yield of 8.12%. The ex-dividend date of this dividend is Thursday, October 19th.

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Western Asset High Income Fund II Company Profile

Western Asset High Income Fund II Inc (the Fund) is a diversified, closed-end management investment company. The Fund seeks to maximize current income by investing approximately 80% of its net assets, plus any borrowings for investment purposes, in high-yield debt securities. As a secondary objective, the Fund seeks capital appreciation to the extent consistent with its objective of seeking to maximize current income.

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

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