Sanctuary Advisors LLC Invests $137,000 in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Sanctuary Advisors LLC bought a new position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 20,103 shares of the financial services provider’s stock, valued at approximately $137,000.

A number of other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC bought a new stake in Western Asset Municipal High Income Fund during the 2nd quarter worth about $66,000. Comerica Bank acquired a new stake in shares of Western Asset Municipal High Income Fund in the first quarter valued at about $102,000. Alpine Global Management LLC bought a new stake in Western Asset Municipal High Income Fund during the first quarter worth about $136,000. Rothschild Investment LLC acquired a new position in Western Asset Municipal High Income Fund during the second quarter valued at approximately $217,000. Finally, Commonwealth Equity Services LLC grew its stake in Western Asset Municipal High Income Fund by 18.3% in the second quarter. Commonwealth Equity Services LLC now owns 34,417 shares of the financial services provider’s stock valued at $233,000 after purchasing an additional 5,331 shares in the last quarter.

Western Asset Municipal High Income Fund Stock Down 0.3 %

NYSE:MHF opened at $7.26 on Tuesday. Western Asset Municipal High Income Fund Inc. has a twelve month low of $5.92 and a twelve month high of $7.39. The stock’s 50 day moving average price is $7.21 and its two-hundred day moving average price is $6.96.

Western Asset Municipal High Income Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 24th will be issued a dividend of $0.034 per share. The ex-dividend date is Thursday, October 24th.

Western Asset Municipal High Income Fund Company Profile

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.