Blue Bell Private Wealth Management LLC Raises Stock Holdings in Saba Capital Income & Opportunities Fund II $SABA

Blue Bell Private Wealth Management LLC increased its position in Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 34.8% in the fourth quarter, HoldingsChannel.com reports. The fund owned 267,589 shares of the company’s stock after buying an additional 69,026 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in Saba Capital Income & Opportunities Fund II were worth $2,208,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Walleye Capital LLC raised its stake in Saba Capital Income & Opportunities Fund II by 6.2% in the 2nd quarter. Walleye Capital LLC now owns 25,011 shares of the company’s stock worth $230,000 after acquiring an additional 1,468 shares during the last quarter. Raymond James Financial Inc. raised its stake in Saba Capital Income & Opportunities Fund II by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 71,402 shares of the company’s stock worth $656,000 after acquiring an additional 1,997 shares during the last quarter. Gilman Hill Asset Management LLC raised its stake in Saba Capital Income & Opportunities Fund II by 16.7% in the 4th quarter. Gilman Hill Asset Management LLC now owns 17,500 shares of the company’s stock worth $144,000 after acquiring an additional 2,500 shares during the last quarter. Cetera Investment Advisers boosted its holdings in Saba Capital Income & Opportunities Fund II by 11.8% in the second quarter. Cetera Investment Advisers now owns 29,468 shares of the company’s stock valued at $271,000 after purchasing an additional 3,118 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Saba Capital Income & Opportunities Fund II by 45.3% in the fourth quarter. Farther Finance Advisors LLC now owns 12,035 shares of the company’s stock valued at $99,000 after purchasing an additional 3,750 shares during the last quarter. Hedge funds and other institutional investors own 22.22% of the company’s stock.

Saba Capital Income & Opportunities Fund II Stock Up 0.3%

NYSE:SABA opened at $8.43 on Tuesday. Saba Capital Income & Opportunities Fund II has a one year low of $7.96 and a one year high of $9.46. The firm’s fifty day moving average is $8.35 and its two-hundred day moving average is $8.37.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Monday, May 11th will be issued a $0.058 dividend. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date of this dividend is Monday, May 11th.

Saba Capital Income & Opportunities Fund II 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. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.