Comprehensive Money Management Services LLC acquired a new position in Saba Capital Income & Opportunities Fund II (NYSE:SABA - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 110,468 shares of the company's stock, valued at approximately $1,001,000. Comprehensive Money Management Services LLC owned about 0.34% of Saba Capital Income & Opportunities Fund II at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. K2 Principal Fund L.P. grew its holdings in shares of Saba Capital Income & Opportunities Fund II by 15.0% during the 4th quarter. K2 Principal Fund L.P. now owns 23,000 shares of the company's stock worth $208,000 after purchasing an additional 3,000 shares in the last quarter. Independent Advisor Alliance boosted its stake in Saba Capital Income & Opportunities Fund II by 9.1% during the fourth quarter. Independent Advisor Alliance now owns 81,650 shares of the company's stock worth $740,000 after buying an additional 6,825 shares in the last quarter. Shufro Rose & Co. LLC bought a new stake in Saba Capital Income & Opportunities Fund II in the 4th quarter valued at $122,000. Janney Montgomery Scott LLC acquired a new position in shares of Saba Capital Income & Opportunities Fund II in the 4th quarter valued at $131,000. Finally, Noble Wealth Management PBC bought a new position in shares of Saba Capital Income & Opportunities Fund II during the 4th quarter worth about $151,000. Institutional investors and hedge funds own 22.22% of the company's stock.
Saba Capital Income & Opportunities Fund II Stock Performance
NYSE SABA traded down $0.05 on Friday, reaching $8.72. The company's stock had a trading volume of 30,473 shares, compared to its average volume of 86,712. Saba Capital Income & Opportunities Fund II has a 52 week low of $7.50 and a 52 week high of $9.43. The business has a 50-day moving average price of $8.51 and a 200 day moving average price of $8.82.
Saba Capital Income & Opportunities Fund II Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 9th will be given a $0.058 dividend. This represents a $0.70 annualized dividend and a yield of 7.99%. The ex-dividend date is Friday, May 9th.
Saba Capital Income & Opportunities Fund II Company Profile
(
Free Report)
Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe. It primarily invests in government bonds. The fund is actively managed. It benchmarks the performance of its portfolio against the J.P.
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