New America High Income Fund Inc. (NYSE:HYB) Director Marguerite A. Piret purchased 2,825 shares of the company’s stock in a transaction on Wednesday, February 6th. The stock was acquired at an average cost of $8.59 per share, for a total transaction of $24,266.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of NYSE HYB traded down $0.02 during midday trading on Friday, hitting $8.28. 231 shares of the stock traded hands, compared to its average volume of 42,509. New America High Income Fund Inc. has a one year low of $7.19 and a one year high of $8.90.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HYB. Founders Financial Securities LLC bought a new stake in shares of New America High Income Fund during the third quarter valued at approximately $115,000. BlackRock Inc. bought a new stake in shares of New America High Income Fund during the second quarter valued at approximately $1,222,000. Sit Investment Associates Inc. increased its holdings in shares of New America High Income Fund by 50.8% during the fourth quarter. Sit Investment Associates Inc. now owns 273,690 shares of the investment management company’s stock valued at $2,069,000 after acquiring an additional 92,252 shares in the last quarter. Cohen & Steers Inc. increased its holdings in shares of New America High Income Fund by 5.1% during the third quarter. Cohen & Steers Inc. now owns 537,992 shares of the investment management company’s stock valued at $4,616,000 after acquiring an additional 26,062 shares in the last quarter. Finally, PNC Financial Services Group Inc. bought a new stake in shares of New America High Income Fund during the fourth quarter valued at approximately $181,000. Hedge funds and other institutional investors own 27.07% of the company’s stock.

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About New America High Income Fund

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