Northwestern Mutual Wealth Management Co. Buys New Position in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI)

Northwestern Mutual Wealth Management Co. bought a new stake in shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBIGet Rating) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,470 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SBI. Fiera Capital Corp grew its stake in shares of Western Asset Intermediate Muni Fund by 182.0% in the first quarter. Fiera Capital Corp now owns 147,001 shares of the company’s stock worth $1,263,000 after acquiring an additional 94,876 shares during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its holdings in Western Asset Intermediate Muni Fund by 19.8% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 413,907 shares of the company’s stock valued at $3,556,000 after acquiring an additional 68,546 shares during the period. Mariner LLC lifted its holdings in Western Asset Intermediate Muni Fund by 75.0% in the first quarter. Mariner LLC now owns 65,981 shares of the company’s stock valued at $567,000 after acquiring an additional 28,268 shares during the period. Royal Bank of Canada lifted its holdings in Western Asset Intermediate Muni Fund by 25.8% in the first quarter. Royal Bank of Canada now owns 90,397 shares of the company’s stock valued at $777,000 after acquiring an additional 18,558 shares during the period. Finally, Rock Point Advisors LLC lifted its holdings in Western Asset Intermediate Muni Fund by 69.2% in the first quarter. Rock Point Advisors LLC now owns 45,250 shares of the company’s stock valued at $389,000 after acquiring an additional 18,500 shares during the period.

Western Asset Intermediate Muni Fund Stock Down 0.7 %

NYSE SBI opened at $7.36 on Tuesday. The stock’s 50-day moving average price is $7.45 and its 200-day moving average price is $7.87. Western Asset Intermediate Muni Fund Inc. has a 52 week low of $7.13 and a 52 week high of $9.85.

About Western Asset Intermediate Muni Fund

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

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