Oppenheimer & Co. Inc. Buys 129,979 Shares of Western Asset High Income Fund II Inc. (NYSE:HIX)

Oppenheimer & Co. Inc. boosted its stake in shares of Western Asset High Income Fund II Inc. (NYSE:HIX) by 481.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 156,979 shares of the closed-end fund’s stock after buying an additional 129,979 shares during the period. Oppenheimer & Co. Inc.’s holdings in Western Asset High Income Fund II were worth $708,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Calamos Advisors LLC raised its position in shares of Western Asset High Income Fund II by 46.4% in the 2nd quarter. Calamos Advisors LLC now owns 51,678 shares of the closed-end fund’s stock worth $225,000 after purchasing an additional 16,371 shares during the last quarter. Larson Financial Group LLC bought a new position in shares of Western Asset High Income Fund II in the second quarter worth approximately $27,000. Insigneo Advisory Services LLC purchased a new stake in shares of Western Asset High Income Fund II during the second quarter valued at approximately $123,000. Shaker Financial Services LLC bought a new stake in shares of Western Asset High Income Fund II during the second quarter valued at approximately $104,000. Finally, Quarry LP lifted its position in Western Asset High Income Fund II by 57.4% in the 2nd quarter. Quarry LP now owns 106,321 shares of the closed-end fund’s stock valued at $462,000 after acquiring an additional 38,761 shares in the last quarter.

Western Asset High Income Fund II Price Performance

Western Asset High Income Fund II stock opened at $4.46 on Wednesday. Western Asset High Income Fund II Inc. has a 12 month low of $4.20 and a 12 month high of $5.05. The stock 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.