Landscape Capital Management L.L.C. Has $1.27 Million Stock Holdings in Saba Capital Income & Opportunities Fund II (NYSE:SABA)

Landscape Capital Management L.L.C. decreased its stake in shares of Saba Capital Income & Opportunities Fund II (NYSE:SABA) by 52.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,486 shares of the company’s stock after selling 163,758 shares during the period. Landscape Capital Management L.L.C.’s holdings in Saba Capital Income & Opportunities Fund II were worth $1,272,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC raised its stake in shares of Saba Capital Income & Opportunities Fund II by 751.0% in the third quarter. International Assets Investment Management LLC now owns 4,255 shares of the company’s stock worth $36,000 after acquiring an additional 3,755 shares during the last quarter. Family Firm Inc. acquired a new position in Saba Capital Income & Opportunities Fund II during the 2nd quarter worth $83,000. Gilman Hill Asset Management LLC bought a new position in Saba Capital Income & Opportunities Fund II in the 3rd quarter valued at $85,000. HB Wealth Management LLC acquired a new stake in shares of Saba Capital Income & Opportunities Fund II in the 2nd quarter valued at $98,000. Finally, Patron Partners LLC bought a new stake in shares of Saba Capital Income & Opportunities Fund II during the second quarter worth $144,000. Institutional investors own 22.22% of the company’s stock.

Insider Transactions at Saba Capital Income & Opportunities Fund II

In other news, major shareholder Saba Capital Management, L.P. sold 70,046 shares of the firm’s stock in a transaction on Wednesday, September 25th. The stock was sold at an average price of $8.38, for a total value of $586,985.48. Following the transaction, the insider now directly owns 3,346,812 shares in the company, valued at $28,046,284.56. This trade represents a 2.05 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 180,112 shares of company stock worth $1,523,150 in the last quarter. 5.62% of the stock is owned by company insiders.

Saba Capital Income & Opportunities Fund II Stock Down 0.1 %

Shares of SABA opened at $8.69 on Friday. The stock’s fifty day simple moving average is $8.55 and its 200-day simple moving average is $8.16. Saba Capital Income & Opportunities Fund II has a 12-month low of $7.28 and a 12-month high of $8.75.

Saba Capital Income & Opportunities Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Monday, November 11th will be paid a $0.058 dividend. This represents a $0.70 annualized dividend and a dividend yield of 8.01%. The ex-dividend date is Friday, November 8th.

About Saba Capital Income & Opportunities Fund II

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.