Wolverine Asset Management LLC Has $38,000 Stock Holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI)

Wolverine Asset Management LLC lifted its stake in shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 108.1% during the fourth quarter, HoldingsChannel reports. The firm owned 5,000 shares of the company’s stock after acquiring an additional 2,597 shares during the quarter. Wolverine Asset Management LLC’s holdings in Western Asset Intermediate Muni Fund were worth $38,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Fort Point Capital Partners LLC acquired a new stake in Western Asset Intermediate Muni Fund in the 3rd quarter valued at about $117,000. Raymond James & Associates lifted its holdings in Western Asset Intermediate Muni Fund by 111.4% during the 4th quarter. Raymond James & Associates now owns 36,373 shares of the company’s stock valued at $280,000 after purchasing an additional 19,165 shares during the last quarter. Advisor Partners II LLC bought a new position in Western Asset Intermediate Muni Fund during the third quarter worth $451,000. StrategIQ Financial Group LLC increased its holdings in shares of Western Asset Intermediate Muni Fund by 5.7% in the fourth quarter. StrategIQ Financial Group LLC now owns 84,900 shares of the company’s stock valued at $654,000 after purchasing an additional 4,572 shares during the last quarter. Finally, AQR Arbitrage LLC lifted its stake in shares of Western Asset Intermediate Muni Fund by 55.7% during the 3rd quarter. AQR Arbitrage LLC now owns 93,622 shares of the company’s stock worth $670,000 after buying an additional 33,473 shares during the last quarter.

Western Asset Intermediate Muni Fund Trading Up 0.3 %

Shares of SBI opened at $7.66 on Monday. Western Asset Intermediate Muni Fund Inc. has a 52 week low of $6.96 and a 52 week high of $8.00. The firm’s 50-day simple moving average is $7.85 and its 200 day simple moving average is $7.67.

Western Asset Intermediate Muni Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Thursday, May 23rd will be given a dividend of $0.042 per share. This represents a $0.50 dividend on an annualized basis and a yield of 6.58%. The ex-dividend date of this dividend is Wednesday, May 22nd.

Western Asset Intermediate Muni Fund Company 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.