Laurion Capital Management LP acquired a new stake in shares of NEW AMER HI INC (NYSE:HYB) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 14,762 shares of the investment management company’s stock, valued at approximately $140,000. Laurion Capital Management LP owned 0.06% of NEW AMER HI INC at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Wells Fargo & Company MN grew its position in shares of NEW AMER HI INC by 9.6% during the 2nd quarter. Wells Fargo & Company MN now owns 266,033 shares of the investment management company’s stock valued at $2,522,000 after acquiring an additional 23,334 shares during the period. Camelot Portfolios LLC grew its position in shares of NEW AMER HI INC by 23.8% during the 2nd quarter. Camelot Portfolios LLC now owns 17,283 shares of the investment management company’s stock valued at $164,000 after acquiring an additional 3,324 shares during the period. Alpha Cubed Investments LLC bought a new stake in shares of NEW AMER HI INC during the 2nd quarter valued at $130,000. Finally, OLD Second National Bank of Aurora grew its position in shares of NEW AMER HI INC by 9.2% during the 2nd quarter. OLD Second National Bank of Aurora now owns 24,870 shares of the investment management company’s stock valued at $236,000 after acquiring an additional 2,100 shares during the period. 17.87% of the stock is owned by hedge funds and other institutional investors.

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Shares of NEW AMER HI INC (NYSE HYB) opened at 9.89 on Thursday. The stock’s 50 day moving average is $9.72 and its 200-day moving average is $9.58. NEW AMER HI INC has a 12 month low of $8.33 and a 12 month high of $9.98.

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th will be paid a $0.06 dividend. The ex-dividend date is Monday, October 16th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 7.28%.

NEW AMER HI INC Company Profile

The New America High Income Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide high current income while seeking to preserve stockholders’ capital through investment in a professionally managed, diversified portfolio of high yield fixed-income securities.

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Institutional Ownership by Quarter for NEW AMER HI INC (NYSE:HYB)

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