Landscape Capital Management L.L.C. Cuts Stock Position in Western Asset High Income Fund II Inc. (NYSE:HIX)

Landscape Capital Management L.L.C. cut its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 79.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 178,484 shares of the closed-end fund’s stock after selling 675,370 shares during the period. Landscape Capital Management L.L.C.’s holdings in Western Asset High Income Fund II were worth $751,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Apollon Wealth Management LLC purchased a new position in shares of Western Asset High Income Fund II in the fourth quarter valued at $66,000. Oppenheimer & Co. Inc. lifted its holdings in Western Asset High Income Fund II by 22.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 192,971 shares of the closed-end fund’s stock worth $812,000 after buying an additional 35,992 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in Western Asset High Income Fund II by 5.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 156,751 shares of the closed-end fund’s stock valued at $707,000 after buying an additional 8,000 shares during the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Western Asset High Income Fund II by 39.8% during the fourth quarter. Chicago Partners Investment Group LLC now owns 81,497 shares of the closed-end fund’s stock valued at $346,000 after acquiring an additional 23,206 shares in the last quarter. Finally, Robinson Capital Management LLC increased its position in shares of Western Asset High Income Fund II by 51.2% during the fourth quarter. Robinson Capital Management LLC now owns 133,050 shares of the closed-end fund’s stock worth $560,000 after acquiring an additional 45,083 shares during the last quarter.

Western Asset High Income Fund II Trading Down 6.2 %

NYSE:HIX opened at $3.86 on Monday. Western Asset High Income Fund II Inc. has a one year low of $3.65 and a one year high of $4.54. The business’s 50-day simple moving average is $4.29 and its 200 day simple moving average is $4.36.

Western Asset High Income Fund II Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were given a dividend of $0.049 per share. This represents a dividend yield of 13.8%. The ex-dividend date of this dividend was Monday, March 24th.

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.