Wolverine Asset Management LLC Purchases New Stake in Western Asset High Income Fund II Inc. (NYSE:HIX)

Wolverine Asset Management LLC acquired a new position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 43,912 shares of the closed-end fund’s stock, valued at approximately $198,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HIX. Sage Capital Advisors llc raised its stake in Western Asset High Income Fund II by 5.1% during the third quarter. Sage Capital Advisors llc now owns 90,541 shares of the closed-end fund’s stock worth $408,000 after purchasing an additional 4,404 shares during the period. Larson Financial Group LLC acquired a new position in Western Asset High Income Fund II in the second quarter valued at approximately $27,000. Calamos Advisors LLC grew its position in Western Asset High Income Fund II by 46.4% in the second quarter. Calamos Advisors LLC now owns 51,678 shares of the closed-end fund’s stock worth $225,000 after acquiring an additional 16,371 shares during the period. Chicago Partners Investment Group LLC increased its stake in Western Asset High Income Fund II by 63.2% during the third quarter. Chicago Partners Investment Group LLC now owns 58,291 shares of the closed-end fund’s stock worth $260,000 after acquiring an additional 22,571 shares during the last quarter. Finally, Shaker Financial Services LLC acquired a new stake in Western Asset High Income Fund II during the second quarter worth $104,000.

Western Asset High Income Fund II Stock Down 0.9 %

Shares of Western Asset High Income Fund II stock opened at $4.33 on Friday. Western Asset High Income Fund II Inc. has a 52 week low of $4.20 and a 52 week high of $5.05. The business’s fifty day simple moving average is $4.45 and its 200-day simple moving average is $4.42.

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.