3,600 Shares in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC purchased a new position in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,600 shares of the company’s stock, valued at approximately $28,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SBI. Guggenheim Capital LLC grew its stake in Western Asset Intermediate Muni Fund by 182.1% in the fourth quarter. Guggenheim Capital LLC now owns 345,242 shares of the company’s stock worth $2,672,000 after purchasing an additional 222,839 shares during the period. Raymond James Financial Inc. purchased a new stake in Western Asset Intermediate Muni Fund in the fourth quarter worth $1,313,000. Whitebox Advisors LLC grew its stake in Western Asset Intermediate Muni Fund by 58.3% in the fourth quarter. Whitebox Advisors LLC now owns 271,438 shares of the company’s stock worth $2,101,000 after purchasing an additional 100,000 shares during the period. Carson Advisory Inc. grew its stake in Western Asset Intermediate Muni Fund by 95.5% in the fourth quarter. Carson Advisory Inc. now owns 174,753 shares of the company’s stock worth $1,353,000 after purchasing an additional 85,372 shares during the period. Finally, Invesco Ltd. purchased a new stake in Western Asset Intermediate Muni Fund in the fourth quarter worth $603,000.

Western Asset Intermediate Muni Fund Stock Down 0.1%

Shares of SBI stock opened at $7.46 on Thursday. The business’s fifty day moving average is $7.50 and its 200 day moving average is $7.69. Western Asset Intermediate Muni Fund Inc. has a twelve month low of $7.30 and a twelve month high of $8.29.

Western Asset Intermediate Muni Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 24th will be issued a $0.042 dividend. This represents a yield of 6.72%. The ex-dividend date is Monday, June 23rd.

About Western Asset Intermediate Muni Fund

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.