Kovitz Investment Group Partners LLC boosted its position in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA - Free Report) by 9.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 757,297 shares of the company's stock after acquiring an additional 65,881 shares during the period. Kovitz Investment Group Partners LLC owned 2.35% of Saba Capital Income & Opportunities Fund II worth $6,861,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also bought and sold shares of SABA. Tidal Investments LLC lifted its stake in shares of Saba Capital Income & Opportunities Fund II by 1.2% in the third quarter. Tidal Investments LLC now owns 110,724 shares of the company's stock worth $942,000 after buying an additional 1,300 shares in the last quarter. Independent Advisor Alliance grew its stake in shares of 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 purchasing an additional 6,825 shares in the last quarter. Gilman Hill Asset Management LLC boosted its holdings in Saba Capital Income & Opportunities Fund II by 75.0% in the fourth quarter. Gilman Hill Asset Management LLC now owns 17,500 shares of the company's stock valued at $159,000 after purchasing an additional 7,500 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in Saba Capital Income & Opportunities Fund II in the fourth quarter valued at $131,000. Finally, Garden State Investment Advisory Services LLC purchased a new stake in shares of Saba Capital Income & Opportunities Fund II during the third quarter worth approximately $138,000. Institutional investors and hedge funds own 22.22% of the company's stock.
Saba Capital Income & Opportunities Fund II Stock Performance
Shares of SABA traded up $0.07 on Friday, reaching $8.74. The stock had a trading volume of 17,820 shares, compared to its average volume of 92,518. Saba Capital Income & Opportunities Fund II has a twelve month low of $7.50 and a twelve month high of $9.43. The firm has a 50-day moving average of $8.58 and a 200 day moving average of $8.80.
Saba Capital Income & Opportunities Fund II Dividend Announcement
The business also recently declared a monthly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 9th were issued a $0.058 dividend. The ex-dividend date of this dividend was Wednesday, April 9th. This represents a $0.70 annualized dividend and a yield of 7.96%.
Saba Capital Income & Opportunities Fund II 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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