J.W. Cole Advisors Inc. Raises Position in Western Asset Global High Income Fund Inc. (NYSE:EHI)

J.W. Cole Advisors Inc. lifted its stake in shares of Western Asset Global High Income Fund Inc. (NYSE:EHI) by 60.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 172,608 shares of the company’s stock after buying an additional 65,147 shares during the period. J.W. Cole Advisors Inc.’s holdings in Western Asset Global High Income Fund were worth $1,153,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. QSV Equity Investors LLC purchased a new stake in shares of Western Asset Global High Income Fund during the 3rd quarter worth approximately $82,000. Apollon Wealth Management LLC bought a new stake in shares of Western Asset Global High Income Fund during the fourth quarter valued at about $132,000. Shaker Financial Services LLC increased its position in shares of Western Asset Global High Income Fund by 239.0% during the third quarter. Shaker Financial Services LLC now owns 153,175 shares of the company’s stock valued at $1,073,000 after buying an additional 107,991 shares during the period. Finally, Absolute Investment Advisers LLC purchased a new stake in shares of Western Asset Global High Income Fund in the fourth quarter worth about $5,299,000.

Western Asset Global High Income Fund Stock Up 0.4 %

Shares of NYSE:EHI opened at $6.80 on Wednesday. The company has a 50 day moving average of $6.72 and a 200 day moving average of $6.83. Western Asset Global High Income Fund Inc. has a 12 month low of $6.52 and a 12 month high of $7.35.

Western Asset Global High Income Fund Announces Dividend

The company also recently declared a dividend, which was paid on Monday, February 3rd. Stockholders of record on Monday, January 27th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, January 24th. This represents a dividend yield of 12.19%.

Western Asset Global High Income Fund Profile

Western Asset Global High Income Fund 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.