Whittier Trust Co. of Nevada Inc. Acquires 2,421 Shares of Western Asset Intermediate Muni Fund Inc (NYSE:SBI)

Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Western Asset Intermediate Muni Fund Inc (NYSE:SBI) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 229,724 shares of the company’s stock after acquiring an additional 2,421 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Western Asset Intermediate Muni Fund were worth $2,053,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Farmers & Merchants Investments Inc. bought a new stake in Western Asset Intermediate Muni Fund during the 1st quarter worth approximately $44,000. 6 Meridian grew its holdings in Western Asset Intermediate Muni Fund by 16.1% during the 1st quarter. 6 Meridian now owns 14,469 shares of the company’s stock worth $127,000 after acquiring an additional 2,008 shares during the last quarter. Stifel Financial Corp grew its holdings in Western Asset Intermediate Muni Fund by 10.2% during the 4th quarter. Stifel Financial Corp now owns 15,346 shares of the company’s stock worth $128,000 after acquiring an additional 1,422 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in Western Asset Intermediate Muni Fund during the 1st quarter worth approximately $134,000. Finally, Park Avenue Securities LLC bought a new stake in Western Asset Intermediate Muni Fund during the 1st quarter worth approximately $253,000.

SBI traded up $0.04 during trading on Friday, reaching $9.22. 35,567 shares of the company’s stock were exchanged, compared to its average volume of 24,594. Western Asset Intermediate Muni Fund Inc has a one year low of $8.18 and a one year high of $9.24. The stock has a fifty day moving average price of $9.00.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, September 3rd. Shareholders of record on Friday, August 23rd will be issued a dividend of $0.0275 per share. This represents a $0.33 dividend on an annualized basis and a yield of 3.58%. The ex-dividend date is Thursday, August 22nd.

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.

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

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