Logan Stone Capital LLC Acquires 20,218 Shares of The New America High Income Fund Inc. (NYSE:HYB)

Logan Stone Capital LLC increased its holdings in The New America High Income Fund Inc. (NYSE:HYB) by 21.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,923 shares of the investment management company’s stock after acquiring an additional 20,218 shares during the quarter. Logan Stone Capital LLC owned about 0.50% of The New America High Income Fund worth $947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Avantax Advisory Services Inc. bought a new stake in The New America High Income Fund during the 4th quarter valued at about $90,000. Quarry LP bought a new stake in The New America High Income Fund during the 4th quarter valued at about $394,000. Capital Advisory Group Advisory Services LLC bought a new stake in The New America High Income Fund during the 4th quarter valued at about $430,000. Raymond James Financial Inc. bought a new stake in The New America High Income Fund during the 4th quarter valued at about $531,000. Finally, Yakira Capital Management Inc. increased its stake in The New America High Income Fund by 15.7% during the 4th quarter. Yakira Capital Management Inc. now owns 103,156 shares of the investment management company’s stock valued at $843,000 after purchasing an additional 14,000 shares in the last quarter.

The New America High Income Fund Stock Performance

NYSE:HYB opened at $8.23 on Monday. The New America High Income Fund Inc. has a fifty-two week low of $7.14 and a fifty-two week high of $8.41. The firm has a 50-day simple moving average of $8.23 and a two-hundred day simple moving average of $8.23.

About The New America High Income Fund

The New America High Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by T. Rowe Price Associates, Inc The fund invests in the fixed income markets of the United States. It seeks to invest in the stocks of companies operating across the diversified sectors. The fund invests in high yield fixed-income securities i.e.