Pathstone Holdings LLC Has $2.22 Million Holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI)

Pathstone Holdings LLC lifted its holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 23.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 270,171 shares of the company’s stock after purchasing an additional 51,543 shares during the period. Pathstone Holdings LLC’s holdings in Western Asset Intermediate Muni Fund were worth $2,216,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of SBI. Bank of New York Mellon Corp acquired a new position in Western Asset Intermediate Muni Fund during the 2nd quarter worth $818,000. Wolverine Asset Management LLC acquired a new position in Western Asset Intermediate Muni Fund during the 2nd quarter worth $248,000. Blue Bell Private Wealth Management LLC lifted its position in Western Asset Intermediate Muni Fund by 960.9% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 22,204 shares of the company’s stock worth $175,000 after acquiring an additional 20,111 shares during the last quarter. Whitebox Advisors LLC lifted its position in Western Asset Intermediate Muni Fund by 292.8% during the 2nd quarter. Whitebox Advisors LLC now owns 169,444 shares of the company’s stock worth $1,332,000 after acquiring an additional 126,303 shares during the last quarter. Finally, Stephens Inc. AR acquired a new position in Western Asset Intermediate Muni Fund during the 3rd quarter worth $203,000.

Western Asset Intermediate Muni Fund Price Performance

Western Asset Intermediate Muni Fund stock opened at $8.09 on Wednesday. Western Asset Intermediate Muni Fund Inc. has a fifty-two week low of $7.46 and a fifty-two week high of $8.29. The firm has a fifty day moving average price of $8.13 and a two-hundred day moving average price of $8.00.

Western Asset Intermediate Muni Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.042 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.50 annualized dividend and a dividend yield of 6.23%.

Western Asset Intermediate Muni Fund 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.