Saba Capital Income & Opportunities Fund II $SABA Shares Purchased by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC raised its holdings in Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 203.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,563 shares of the company’s stock after purchasing an additional 133,163 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Saba Capital Income & Opportunities Fund II were worth $1,811,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of SABA. Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of Saba Capital Income & Opportunities Fund II by 2.9% in the 2nd quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,750,772 shares of the company’s stock valued at $16,090,000 after buying an additional 49,562 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Saba Capital Income & Opportunities Fund II by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 931,476 shares of the company’s stock worth $8,560,000 after acquiring an additional 42,099 shares in the last quarter. Gridiron Partners LLC grew its holdings in shares of Saba Capital Income & Opportunities Fund II by 596.0% in the 3rd quarter. Gridiron Partners LLC now owns 394,682 shares of the company’s stock worth $3,599,000 after acquiring an additional 337,973 shares during the period. Scotia Capital Inc. grew its holdings in shares of Saba Capital Income & Opportunities Fund II by 32.6% in the 2nd quarter. Scotia Capital Inc. now owns 364,172 shares of the company’s stock worth $3,347,000 after acquiring an additional 89,577 shares during the period. Finally, Shaker Financial Services LLC increased its stake in Saba Capital Income & Opportunities Fund II by 14.4% in the 2nd quarter. Shaker Financial Services LLC now owns 288,813 shares of the company’s stock valued at $2,654,000 after purchasing an additional 36,294 shares in the last quarter. 22.22% of the stock is owned by hedge funds and other institutional investors.

Saba Capital Income & Opportunities Fund II Stock Up 1.0%

Shares of SABA stock opened at $8.39 on Tuesday. Saba Capital Income & Opportunities Fund II has a 1 year low of $7.72 and a 1 year high of $9.46. The stock has a fifty day moving average price of $8.64 and a 200 day moving average price of $8.98.

Saba Capital Income & Opportunities Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Monday, January 12th will be given a $0.058 dividend. The ex-dividend date is Monday, January 12th. This represents a c) annualized dividend and a dividend yield of 8.3%.

Saba Capital Income & Opportunities Fund II Profile

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. Morgan Global Government Bond Index. Saba Capital Income & Opportunities Fund II was formed on March 17, 1988 and is domiciled in the United States.