Advisor OS LLC bought a new position in shares of HIGHLAND FR OPP/SH BEN INT (NYSE:HFRO) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 31,474 shares of the company’s stock, valued at approximately $253,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Infrastructure Capital Advisors LLC bought a new position in HIGHLAND FR OPP/SH BEN INT during the first quarter valued at approximately $26,000. Orion Portfolio Solutions LLC grew its holdings in HIGHLAND FR OPP/SH BEN INT by 5,028.4% during the second quarter. Orion Portfolio Solutions LLC now owns 3,795 shares of the company’s stock valued at $31,000 after purchasing an additional 3,721 shares during the last quarter. Bank of America Corp DE raised its position in shares of HIGHLAND FR OPP/SH BEN INT by 26.3% in the second quarter. Bank of America Corp DE now owns 5,618 shares of the company’s stock valued at $45,000 after purchasing an additional 1,169 shares during the period. Janney Montgomery Scott LLC acquired a new stake in shares of HIGHLAND FR OPP/SH BEN INT in the first quarter worth $92,000. Finally, Stephens Inc. AR lifted its stake in shares of HIGHLAND FR OPP/SH BEN INT by 11.0% in the second quarter. Stephens Inc. AR now owns 27,292 shares of the company’s stock worth $220,000 after buying an additional 2,697 shares during the last quarter.

NYSE:HFRO traded down $0.22 during midday trading on Wednesday, reaching $8.71. The stock had a trading volume of 8,700 shares, compared to its average volume of 399,988. HIGHLAND FR OPP/SH BEN INT has a 1-year low of $7.02 and a 1-year high of $13.63. The firm’s fifty day simple moving average is $8.66 and its 200-day simple moving average is $8.66.

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 22nd will be given a dividend of $0.077 per share. The ex-dividend date is Monday, September 21st. This represents a $0.92 annualized dividend and a dividend yield of 10.61%.

HIGHLAND FR OPP/SH BEN INT Profile

Highland Funds I – Highland Floating Rate Opportunities Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships.

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Institutional Ownership by Quarter for HIGHLAND FR OPP/SH BEN INT (NYSE:HFRO)

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