Advisor OS LLC purchased a new stake in shares of Western Asset Intermediate Muni Fund Inc (NYSE:SBI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund purchased 13,751 shares of the company’s stock, valued at approximately $118,000.

Other hedge funds also recently added to or reduced their stakes in the company. Parametric Portfolio Associates LLC increased its holdings in shares of Western Asset Intermediate Muni Fund by 26.1% during the first quarter. Parametric Portfolio Associates LLC now owns 187,764 shares of the company’s stock worth $1,583,000 after buying an additional 38,824 shares in the last quarter. Royal Bank of Canada increased its holdings in shares of Western Asset Intermediate Muni Fund by 20.1% during the first quarter. Royal Bank of Canada now owns 112,366 shares of the company’s stock worth $947,000 after buying an additional 18,789 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Western Asset Intermediate Muni Fund by 20.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 14,790 shares of the company’s stock worth $127,000 after buying an additional 2,557 shares in the last quarter. Advisor Group Holdings Inc. acquired a new position in shares of Western Asset Intermediate Muni Fund during the first quarter worth $774,000. Finally, Wells Fargo & Company MN increased its holdings in shares of Western Asset Intermediate Muni Fund by 4.6% during the first quarter. Wells Fargo & Company MN now owns 629,820 shares of the company’s stock worth $5,309,000 after buying an additional 27,501 shares in the last quarter.

Shares of NYSE:SBI traded up $0.05 during trading on Wednesday, hitting $9.00. 2,669 shares of the company were exchanged, compared to its average volume of 41,348. The business’s 50 day moving average is $9.04 and its 200-day moving average is $8.66. Western Asset Intermediate Muni Fund Inc has a 1-year low of $7.31 and a 1-year high of $9.77.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 1st. Investors of record on Friday, November 20th will be issued a $0.0235 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.28 dividend on an annualized basis and a yield of 3.13%.

Western Asset Intermediate Muni Fund Company Profile

Western Asset Intermediate Muni Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax.

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Institutional Ownership by Quarter for Western Asset Intermediate Muni Fund (NYSE:SBI)

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