Icon Advisers Inc. Co. raised its position in The New America High Income Fund Inc. (NYSE:HYB – Free Report) by 205.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 290,157 shares of the investment management company’s stock after acquiring an additional 195,255 shares during the period. Icon Advisers Inc. Co.’s holdings in The New America High Income Fund were worth $2,371,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Absolute Investment Advisers LLC purchased a new stake in The New America High Income Fund during the fourth quarter worth about $1,022,000. Avantax Advisory Services Inc. purchased a new position in shares of The New America High Income Fund in the fourth quarter valued at $90,000. Raymond James Financial Inc. acquired a new stake in The New America High Income Fund in the fourth quarter valued at $531,000. Yakira Capital Management Inc. raised its stake in The New America High Income Fund by 15.7% during the fourth quarter. Yakira Capital Management Inc. now owns 103,156 shares of the investment management company’s stock worth $843,000 after acquiring an additional 14,000 shares during the period. Finally, Capital Advisory Group Advisory Services LLC bought a new position in The New America High Income Fund in the 4th quarter worth approximately $430,000.
The New America High Income Fund Stock Performance
Shares of The New America High Income Fund stock opened at $8.23 on Monday. The New America High Income Fund Inc. has a fifty-two week low of $6.97 and a fifty-two week high of $8.41. The business has a fifty day simple moving average of $8.23 and a 200-day simple moving average of $8.23.
The New America High Income Fund Company Profile
The New America High Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e.
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