Summit Securities Group LLC Invests $45,000 in Western Asset High Income Fund II Inc. $HIX

Summit Securities Group LLC acquired a new position in Western Asset High Income Fund II Inc. (NYSE:HIX) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,882 shares of the closed-end fund’s stock, valued at approximately $45,000.

Other institutional investors have also recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. purchased a new stake in Western Asset High Income Fund II in the 4th quarter worth approximately $35,000. Wealth Enhancement Advisory Services LLC purchased a new stake in Western Asset High Income Fund II in the 4th quarter worth approximately $54,000. Benjamin Edwards Inc. purchased a new stake in Western Asset High Income Fund II in the 1st quarter worth approximately $73,000. HighTower Advisors LLC purchased a new stake in Western Asset High Income Fund II in the 1st quarter worth approximately $74,000. Finally, Total Wealth Planning & Management Inc. purchased a new stake in Western Asset High Income Fund II in the 4th quarter worth approximately $83,000.

Western Asset High Income Fund II Stock Down 0.1%

Shares of HIX opened at $4.32 on Monday. Western Asset High Income Fund II Inc. has a 1 year low of $3.65 and a 1 year high of $4.54. The company has a 50 day simple moving average of $4.28 and a two-hundred day simple moving average of $4.22.

Western Asset High Income Fund II Dividend Announcement

The firm also recently announced a — dividend, which will be paid on Monday, December 1st. Investors of record on Thursday, November 20th will be issued a $0.049 dividend. The ex-dividend date of this dividend is Thursday, November 20th. This represents a dividend yield of 1,380.0%.

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.