Western Asset High Income Fund II Inc. (HIX) Director William R. Hutchinson Sells 2,000 Shares of Stock

Western Asset High Income Fund II Inc. (NYSE:HIX) Director William R. Hutchinson sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, September 24th. The stock was sold at an average price of $6.35, for a total transaction of $12,700.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of HIX stock opened at $6.35 on Tuesday. Western Asset High Income Fund II Inc. has a 12-month low of $5.97 and a 12-month high of $7.28.

The business also recently declared a monthly dividend, which will be paid on Thursday, November 1st. Stockholders of record on Friday, October 19th will be paid a dividend of $0.0455 per share. The ex-dividend date is Thursday, October 18th. This represents a $0.55 annualized dividend and a dividend yield of 8.60%.

Several hedge funds have recently modified their holdings of HIX. Segall Bryant & Hamill LLC purchased a new position in Western Asset High Income Fund II in the 1st quarter valued at approximately $168,000. Citadel Advisors LLC grew its stake in Western Asset High Income Fund II by 78.4% in the 1st quarter. Citadel Advisors LLC now owns 31,872 shares of the closed-end fund’s stock valued at $209,000 after buying an additional 14,006 shares in the last quarter. Trustcore Financial Services LLC grew its stake in Western Asset High Income Fund II by 34.9% in the 2nd quarter. Trustcore Financial Services LLC now owns 34,755 shares of the closed-end fund’s stock valued at $224,000 after buying an additional 9,000 shares in the last quarter. Creative Planning grew its stake in Western Asset High Income Fund II by 20.1% in the 2nd quarter. Creative Planning now owns 81,290 shares of the closed-end fund’s stock valued at $524,000 after buying an additional 13,629 shares in the last quarter. Finally, Landscape Capital Management L.L.C. grew its stake in Western Asset High Income Fund II by 26.9% in the 1st quarter. Landscape Capital Management L.L.C. now owns 85,106 shares of the closed-end fund’s stock valued at $558,000 after buying an additional 18,045 shares in the last quarter.

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.

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