Vivaldi Capital Management LLC Purchases 102,928 Shares of Western Asset High Income Fund II Inc. (NYSE:HIX)

Vivaldi Capital Management LLC boosted its position in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 34.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 400,142 shares of the closed-end fund’s stock after acquiring an additional 102,928 shares during the period. Vivaldi Capital Management LLC’s holdings in Western Asset High Income Fund II were worth $2,809,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HIX. Advisor Group Inc. raised its stake in shares of Western Asset High Income Fund II by 7.7% during the 2nd quarter. Advisor Group Inc. now owns 42,137 shares of the closed-end fund’s stock worth $296,000 after buying an additional 3,014 shares during the period. Janney Montgomery Scott LLC purchased a new position in shares of Western Asset High Income Fund II during the 2nd quarter worth $77,000. First Allied Advisory Services Inc. boosted its holdings in Western Asset High Income Fund II by 4.8% during the 2nd quarter. First Allied Advisory Services Inc. now owns 65,700 shares of the closed-end fund’s stock valued at $461,000 after acquiring an additional 3,000 shares during the period. Envestnet Asset Management Inc. boosted its holdings in Western Asset High Income Fund II by 12.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 42,213 shares of the closed-end fund’s stock valued at $296,000 after acquiring an additional 4,695 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Western Asset High Income Fund II by 13.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 36,470 shares of the closed-end fund’s stock valued at $256,000 after acquiring an additional 4,307 shares during the period.

Shares of HIX traded up $0.02 during midday trading on Friday, hitting $6.67. The company had a trading volume of 4,718 shares, compared to its average volume of 214,649. The company’s 50-day simple moving average is $6.75 and its 200-day simple moving average is $6.71. Western Asset High Income Fund II Inc. has a 1 year low of $5.42 and a 1 year high of $7.12.



The firm also recently announced a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 20th will be given a dividend of $0.047 per share. The ex-dividend date is Thursday, September 19th.

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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Institutional Ownership by Quarter for Western Asset High Income Fund II (NYSE:HIX)

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