Invesco Ltd. Purchases 54,065 Shares of Western Asset Intermediate Muni Fund Inc. $SBI

Invesco Ltd. grew its position in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 69.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 131,915 shares of the company’s stock after acquiring an additional 54,065 shares during the quarter. Invesco Ltd.’s holdings in Western Asset Intermediate Muni Fund were worth $1,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in SBI. Wells Fargo & Company MN increased its stake in Western Asset Intermediate Muni Fund by 8.3% in the 4th quarter. Wells Fargo & Company MN now owns 44,824 shares of the company’s stock worth $347,000 after acquiring an additional 3,450 shares during the last quarter. Waverly Advisors LLC increased its stake in Western Asset Intermediate Muni Fund by 4.6% in the 4th quarter. Waverly Advisors LLC now owns 86,525 shares of the company’s stock worth $670,000 after acquiring an additional 3,766 shares during the last quarter. Northwest Financial Advisors bought a new stake in Western Asset Intermediate Muni Fund in the 1st quarter worth approximately $105,000. Farther Finance Advisors LLC bought a new stake in Western Asset Intermediate Muni Fund in the 1st quarter worth approximately $28,000. Finally, Noble Wealth Management PBC increased its stake in Western Asset Intermediate Muni Fund by 3.5% in the 1st quarter. Noble Wealth Management PBC now owns 73,335 shares of the company’s stock worth $572,000 after acquiring an additional 2,500 shares during the last quarter.

Western Asset Intermediate Muni Fund Trading Down 0.1%

Shares of Western Asset Intermediate Muni Fund stock opened at $7.63 on Wednesday. The stock has a 50 day moving average price of $7.63 and a 200-day moving average price of $7.63. Western Asset Intermediate Muni Fund Inc. has a one year low of $7.30 and a one year high of $8.29.

Western Asset Intermediate Muni Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 24th will be given a dividend of $0.042 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a c) annualized dividend and a dividend yield of 6.6%.

Western Asset Intermediate Muni Fund 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.