Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Shares Sold by United Capital Financial Advisers LLC


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United Capital Financial Advisers LLC trimmed its stake in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 18.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,577 shares of the financial services provider’s stock after selling 12,669 shares during the quarter. United Capital Financial Advisers LLC’s holdings in Western Asset Municipal High Income Fund were worth $410,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. FNY Investment Advisers LLC acquired a new position in Western Asset Municipal High Income Fund during the 4th quarter worth $79,000. RMB Capital Management LLC purchased a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at about $94,000. Dynamic Advisor Solutions LLC lifted its holdings in shares of Western Asset Municipal High Income Fund by 14.6% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 14,565 shares of the financial services provider’s stock valued at $109,000 after purchasing an additional 1,857 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at about $118,000. Finally, First Trust Advisors LP lifted its holdings in shares of Western Asset Municipal High Income Fund by 6.6% in the 3rd quarter. First Trust Advisors LP now owns 30,196 shares of the financial services provider’s stock valued at $225,000 after purchasing an additional 1,882 shares during the last quarter.

Western Asset Municipal High Income Fund stock opened at $7.81 on Thursday. Western Asset Municipal High Income Fund Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $8.00. The stock has a 50-day simple moving average of $7.74 and a 200-day simple moving average of $7.55.

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 1st. Shareholders of record on Friday, May 21st will be paid a dividend of $0.0218 per share. This represents a $0.26 annualized dividend and a yield of 3.35%. The ex-dividend date is Thursday, May 20th.

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.

See Also: What is Cost of Goods Sold (COGS)?

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

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