Wolverine Asset Management LLC Trims Stock Position in Western Asset High Income Fund II Inc. (NYSE:HIX)

Wolverine Asset Management LLC trimmed its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 61.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,057 shares of the closed-end fund’s stock after selling 26,855 shares during the period. Wolverine Asset Management LLC’s holdings in Western Asset High Income Fund II were worth $72,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of HIX. Apollon Wealth Management LLC purchased a new position in shares of Western Asset High Income Fund II during the 4th quarter worth approximately $66,000. D.A. Davidson & CO. purchased a new position in shares of Western Asset High Income Fund II during the 3rd quarter worth approximately $81,000. Arete Wealth Advisors LLC raised its stake in shares of Western Asset High Income Fund II by 97.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 33,499 shares of the closed-end fund’s stock worth $150,000 after buying an additional 16,535 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Western Asset High Income Fund II during the 3rd quarter worth approximately $178,000. Finally, Chicago Partners Investment Group LLC raised its stake in shares of Western Asset High Income Fund II by 63.2% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 58,291 shares of the closed-end fund’s stock worth $260,000 after buying an additional 22,571 shares in the last quarter.

Western Asset High Income Fund II Price Performance

Shares of HIX stock opened at $4.38 on Tuesday. The stock has a 50 day simple moving average of $4.29 and a 200-day simple moving average of $4.38. Western Asset High Income Fund II Inc. has a 12-month low of $4.15 and a 12-month high of $4.57.

Western Asset High Income Fund II Announces Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be paid a dividend of $0.049 per share. The ex-dividend date is Monday, March 24th.

Western Asset High Income Fund II Company 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.