Commonwealth Equity Services LLC Trims Stake in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI)

Commonwealth Equity Services LLC decreased its stake in shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 1.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 194,490 shares of the company’s stock after selling 2,000 shares during the period. Commonwealth Equity Services LLC’s holdings in Western Asset Intermediate Muni Fund were worth $1,505,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Whitebox Advisors LLC boosted its stake in shares of Western Asset Intermediate Muni Fund by 1.2% during the third quarter. Whitebox Advisors LLC now owns 171,438 shares of the company’s stock valued at $1,406,000 after acquiring an additional 1,994 shares during the last quarter. HighTower Advisors LLC lifted its holdings in Western Asset Intermediate Muni Fund by 22.8% in the 3rd quarter. HighTower Advisors LLC now owns 12,375 shares of the company’s stock valued at $101,000 after purchasing an additional 2,295 shares in the last quarter. Avantax Advisory Services Inc. boosted its stake in shares of Western Asset Intermediate Muni Fund by 2.7% during the 4th quarter. Avantax Advisory Services Inc. now owns 155,610 shares of the company’s stock worth $1,204,000 after purchasing an additional 4,090 shares during the last quarter. LexAurum Advisors LLC purchased a new stake in shares of Western Asset Intermediate Muni Fund during the fourth quarter worth about $271,000. Finally, Rivernorth Capital Management LLC raised its position in shares of Western Asset Intermediate Muni Fund by 2.8% in the third quarter. Rivernorth Capital Management LLC now owns 1,674,840 shares of the company’s stock valued at $13,734,000 after buying an additional 45,940 shares during the last quarter.

Western Asset Intermediate Muni Fund Price Performance

Shares of SBI opened at $7.77 on Friday. Western Asset Intermediate Muni Fund Inc. has a 1 year low of $7.60 and a 1 year high of $8.29. The company’s 50 day simple moving average is $7.83 and its 200 day simple moving average is $7.97.

Western Asset Intermediate Muni Fund Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th will be issued a dividend of $0.042 per share. This represents a dividend yield of 6.44%. The ex-dividend date of this dividend is Monday, March 24th.

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.