PI Global Investments
Hedge Funds

Park Avenue Securities LLC Has $939,000 Holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI)


Park Avenue Securities LLC lifted its holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBIGet Rating) by 4.1% in the 1st quarter, Holdings Channel reports. The firm owned 109,330 shares of the company’s stock after buying an additional 4,278 shares during the quarter. Park Avenue Securities LLC’s holdings in Western Asset Intermediate Muni Fund were worth $939,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SBI. Aquire Wealth Advisors LLC acquired a new position in Western Asset Intermediate Muni Fund during the 4th quarter worth $190,000. OLD National Bancorp IN acquired a new position in Western Asset Intermediate Muni Fund during the 4th quarter worth $330,000. Fiera Capital Corp lifted its position in Western Asset Intermediate Muni Fund by 276.1% during the 4th quarter. Fiera Capital Corp now owns 52,125 shares of the company’s stock worth $502,000 after acquiring an additional 38,264 shares during the last quarter. StrategIQ Financial Group LLC lifted its position in Western Asset Intermediate Muni Fund by 7.7% during the 1st quarter. StrategIQ Financial Group LLC now owns 98,046 shares of the company’s stock worth $842,000 after acquiring an additional 7,009 shares during the last quarter. Finally, First Trust Advisors LP lifted its position in Western Asset Intermediate Muni Fund by 3.2% during the 4th quarter. First Trust Advisors LP now owns 101,578 shares of the company’s stock worth $979,000 after acquiring an additional 3,171 shares during the last quarter.

Western Asset Intermediate Muni Fund Stock Up 0.4 %

Shares of SBI opened at $8.12 on Friday. The company has a 50-day simple moving average of $8.06 and a 200-day simple moving average of $8.50. Western Asset Intermediate Muni Fund Inc. has a 52 week low of $7.72 and a 52 week high of $9.99.

Western Asset Intermediate Muni Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Wednesday, August 24th will be given a dividend of $0.0235 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date is Tuesday, August 23rd.

Western Asset Intermediate Muni Fund Profile

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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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Want to see what other hedge funds are holding SBI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset Intermediate Muni Fund Inc. (NYSE:SBIGet Rating).

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



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