11,921 Shares in The New America High Income Fund Inc. (NYSE:HYB) Acquired by US Bancorp DE

US Bancorp DE acquired a new position in shares of The New America High Income Fund Inc. (NYSE:HYB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 11,921 shares of the investment management company’s stock, valued at approximately $99,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HYB. AE Wealth Management LLC bought a new stake in shares of The New America High Income Fund in the 2nd quarter valued at about $75,000. Sanctuary Advisors LLC purchased a new position in The New America High Income Fund during the second quarter valued at approximately $148,000. Finally, Capital Investment Advisors LLC raised its stake in The New America High Income Fund by 4.0% in the second quarter. Capital Investment Advisors LLC now owns 170,416 shares of the investment management company’s stock worth $1,249,000 after buying an additional 6,605 shares in the last quarter.

The New America High Income Fund Stock Performance

The New America High Income Fund stock opened at $8.16 on Friday. The business has a fifty day moving average of $8.24 and a two-hundred day moving average of $7.76. The New America High Income Fund Inc. has a twelve month low of $6.64 and a twelve month high of $8.41.

The New America High Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.88%. The ex-dividend date is Friday, November 15th.

About The New America High Income Fund

The New America High Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e.