Parametric Portfolio Associates LLC Cuts Position in Western Asset High Income Fund II Inc. (NYSE:HIX)

Parametric Portfolio Associates LLC cut its holdings in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 77.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,620 shares of the closed-end fund’s stock after selling 116,184 shares during the period. Parametric Portfolio Associates LLC’s holdings in Western Asset High Income Fund II were worth $236,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Janney Montgomery Scott LLC bought a new position in shares of Western Asset High Income Fund II in the second quarter worth about $77,000. Commonwealth Equity Services LLC raised its stake in shares of Western Asset High Income Fund II by 13.4% in the second quarter. Commonwealth Equity Services LLC now owns 36,470 shares of the closed-end fund’s stock worth $256,000 after buying an additional 4,307 shares during the period. Park Avenue Securities LLC raised its stake in shares of Western Asset High Income Fund II by 10.3% in the second quarter. Park Avenue Securities LLC now owns 42,031 shares of the closed-end fund’s stock worth $295,000 after buying an additional 3,935 shares during the period. Envestnet Asset Management Inc. grew its position in shares of Western Asset High Income Fund II by 12.5% during the second quarter. Envestnet Asset Management Inc. now owns 42,213 shares of the closed-end fund’s stock worth $296,000 after purchasing an additional 4,695 shares in the last quarter. Finally, Advisor Group Inc. grew its position in shares of Western Asset High Income Fund II by 7.7% during the second quarter. Advisor Group Inc. now owns 42,137 shares of the closed-end fund’s stock worth $296,000 after purchasing an additional 3,014 shares in the last quarter.

Shares of NYSE:HIX traded up $0.01 during trading on Friday, hitting $6.70. 293,819 shares of the company’s stock were exchanged, compared to its average volume of 212,165. Western Asset High Income Fund II Inc. has a 52-week low of $5.42 and a 52-week high of $7.12. The business’s 50-day simple moving average is $6.73 and its 200 day simple moving average is $6.76.

The firm also recently announced a dividend, which was paid on Friday, November 1st. Investors of record on Friday, October 18th were given a dividend of $0.047 per share. The ex-dividend date was Thursday, October 17th.

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.

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

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