Deutsche High Income Opportunitis Fd Inc (NYSE:DHG) major shareholder Saba Capital Management, L.P. sold 93,471 shares of Deutsche Highome Opportunitis Fd stock in a transaction on Friday, September 15th. The stock was sold at an average price of $15.01, for a total value of $1,402,999.71. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Saba Capital Management, L.P. also recently made the following trade(s):

  • On Tuesday, September 12th, Saba Capital Management, L.P. sold 1,016 shares of Deutsche Highome Opportunitis Fd stock. The stock was sold at an average price of $15.06, for a total value of $15,300.96.
  • On Friday, September 8th, Saba Capital Management, L.P. sold 96,661 shares of Deutsche Highome Opportunitis Fd stock. The stock was sold at an average price of $15.00, for a total value of $1,449,915.00.
  • On Wednesday, September 6th, Saba Capital Management, L.P. sold 91,052 shares of Deutsche Highome Opportunitis Fd stock. The stock was sold at an average price of $15.03, for a total value of $1,368,511.56.
  • On Thursday, August 17th, Saba Capital Management, L.P. sold 57,225 shares of Deutsche Highome Opportunitis Fd stock. The stock was sold at an average price of $14.87, for a total value of $850,935.75.

Shares of Deutsche High Income Opportunitis Fd Inc (NYSE:DHG) remained flat at $14.99 during trading on Monday. The company’s stock had a trading volume of 8,575 shares. The stock has a 50 day moving average price of $14.97 and a 200-day moving average price of $14.82. Deutsche High Income Opportunitis Fd Inc has a 52-week low of $13.79 and a 52-week high of $15.13.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Monday, September 18th will be given a dividend of $0.069 per share. The ex-dividend date is Friday, September 15th. This represents a $0.83 dividend on an annualized basis and a dividend yield of 5.52%.

WARNING: “Insider Selling: Deutsche High Income Opportunitis Fd Inc (DHG) Major Shareholder Sells 93,471 Shares of Stock” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece on another website, it was copied illegally and republished in violation of international trademark and copyright legislation. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/09/18/insider-selling-deutsche-high-income-opportunitis-fd-inc-dhg-major-shareholder-sells-93471-shares-of-stock.html.

Several large investors have recently made changes to their positions in the company. Punch & Associates Investment Management Inc. lifted its position in shares of Deutsche Highome Opportunitis Fd by 6.0% during the 2nd quarter. Punch & Associates Investment Management Inc. now owns 455,665 shares of the real estate investment trust’s stock valued at $6,780,000 after acquiring an additional 25,990 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Deutsche Highome Opportunitis Fd by 0.7% during the 2nd quarter. Wells Fargo & Company MN now owns 213,949 shares of the real estate investment trust’s stock valued at $3,183,000 after acquiring an additional 1,525 shares during the last quarter. Icon Advisers Inc. Co. lifted its position in shares of Deutsche Highome Opportunitis Fd by 43.9% during the 2nd quarter. Icon Advisers Inc. Co. now owns 66,150 shares of the real estate investment trust’s stock valued at $984,000 after acquiring an additional 20,186 shares during the last quarter. Ameriprise Financial Inc. acquired a new stake in shares of Deutsche Highome Opportunitis Fd during the 2nd quarter valued at $397,000. Finally, Royal Bank of Canada lifted its position in shares of Deutsche Highome Opportunitis Fd by 0.9% during the 2nd quarter. Royal Bank of Canada now owns 11,339 shares of the real estate investment trust’s stock valued at $169,000 after acquiring an additional 105 shares during the last quarter.

About Deutsche Highome Opportunitis Fd

Deutsche High Income Opportunities Fund, Inc (the Fund) is a closed-end, diversified management investment company. Its investment objective is to seek high current income with a secondary objective of total return. It pursues its investment objective by investing primarily in securities designed to generate income, with the potential for capital appreciation being a secondary consideration.

Insider Buying and Selling by Quarter for Deutsche Highome Opportunitis Fd (NYSE:DHG)

Receive News & Stock Ratings for Deutsche High Income Opportunitis Fd Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche High Income Opportunitis Fd Inc and related stocks with our FREE daily email newsletter.