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

Wolverine Asset Management LLC purchased a new position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 43,912 shares of the closed-end fund’s stock, valued at approximately $198,000.

Several other hedge funds and other institutional investors have also modified their holdings of HIX. Sage Capital Advisors llc lifted its stake in Western Asset High Income Fund II by 5.1% during the 3rd quarter. Sage Capital Advisors llc now owns 90,541 shares of the closed-end fund’s stock worth $408,000 after acquiring an additional 4,404 shares in the last quarter. Larson Financial Group LLC purchased a new position in shares of Western Asset High Income Fund II in the second quarter valued at approximately $27,000. Calamos Advisors LLC grew its holdings in shares of 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 valued at $225,000 after purchasing an additional 16,371 shares in the last quarter. Chicago Partners Investment Group LLC increased its stake in 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 during the period. Finally, Shaker Financial Services LLC acquired a new stake in Western Asset High Income Fund II during the 2nd quarter worth approximately $104,000.

Western Asset High Income Fund II Stock Performance

NYSE:HIX 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 company has a fifty day simple moving average of $4.45 and a two-hundred day simple moving average of $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.