Wealthcare Advisory Partners LLC Has $132,000 Stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Wealthcare Advisory Partners LLC boosted its holdings in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 64.5% in the first quarter, according to its most recent filing with the SEC. The firm owned 17,850 shares of the financial services provider’s stock after acquiring an additional 7,000 shares during the period. Wealthcare Advisory Partners LLC owned 0.08% of Western Asset Municipal High Income Fund worth $132,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new stake in shares of Western Asset Municipal High Income Fund in the 4th quarter valued at approximately $6,569,000. Collaborative Wealth Managment Inc. bought a new stake in Western Asset Municipal High Income Fund during the 4th quarter worth approximately $133,000. Independent Advisor Alliance acquired a new stake in Western Asset Municipal High Income Fund during the 4th quarter worth approximately $128,000. PKS Advisory Services LLC bought a new position in Western Asset Municipal High Income Fund in the fourth quarter valued at approximately $95,000. Finally, Commonwealth Equity Services LLC acquired a new position in shares of Western Asset Municipal High Income Fund in the fourth quarter valued at approximately $93,000.

Western Asset Municipal High Income Fund Stock Performance

Shares of NYSE:MHF opened at $7.00 on Monday. Western Asset Municipal High Income Fund Inc. has a 12 month low of $6.69 and a 12 month high of $7.83. The company’s fifty day simple moving average is $7.14 and its 200 day simple moving average is $7.19.

Western Asset Municipal High Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 2nd. Shareholders of record on Friday, August 22nd will be paid a $0.034 dividend. This represents a $0.41 annualized dividend and a dividend yield of 5.83%. The ex-dividend date is Friday, August 22nd.

About Western Asset Municipal High Income Fund

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.