Collaborative Wealth Managment Inc. Buys Shares of 19,565 Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Collaborative Wealth Managment Inc. bought a new stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHFFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 19,565 shares of the financial services provider’s stock, valued at approximately $133,000.

Other large investors also recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in Western Asset Municipal High Income Fund during the fourth quarter worth about $6,569,000. Hennion & Walsh Asset Management Inc. increased its stake in Western Asset Municipal High Income Fund by 9.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 475,225 shares of the financial services provider’s stock worth $3,232,000 after purchasing an additional 42,433 shares during the period. Prospera Financial Services Inc increased its stake in Western Asset Municipal High Income Fund by 28.7% during the third quarter. Prospera Financial Services Inc now owns 115,262 shares of the financial services provider’s stock worth $833,000 after purchasing an additional 25,677 shares during the period. Independent Advisor Alliance purchased a new stake in Western Asset Municipal High Income Fund during the fourth quarter worth about $128,000. Finally, Commonwealth Equity Services LLC purchased a new stake in Western Asset Municipal High Income Fund during the fourth quarter worth about $93,000.

Western Asset Municipal High Income Fund Trading Up 1.8 %

Shares of NYSE:MHF opened at $7.57 on Friday. The firm’s 50-day moving average is $7.24 and its two-hundred day moving average is $7.16. Western Asset Municipal High Income Fund Inc. has a 1 year low of $6.51 and a 1 year high of $7.79.

Western Asset Municipal High Income Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Monday, March 24th will be paid a dividend of $0.034 per share. The ex-dividend date of this dividend is Monday, March 24th.

Western Asset Municipal High Income Fund Company Profile

(Free Report)

Western Asset Municipal High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S.

Featured Stories

Want to see what other hedge funds are holding MHF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Western Asset Municipal High Income Fund Inc. (NYSE:MHFFree Report).

Institutional Ownership by Quarter for Western Asset Municipal High Income Fund (NYSE:MHF)

Receive News & Ratings for Western Asset Municipal High Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Asset Municipal High Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.