Western Asset Intermediate Muni Fund Inc (SBI) Stake Lessened by Robinson Capital Management LLC

Robinson Capital Management LLC lowered its stake in shares of Western Asset Intermediate Muni Fund Inc (NYSE:SBI) by 38.9% during the 4th quarter, Holdings Channel reports. The institutional investor owned 126,251 shares of the company’s stock after selling 80,299 shares during the quarter. Robinson Capital Management LLC’s holdings in Western Asset Intermediate Muni Fund were worth $1,054,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Laurion Capital Management LP purchased a new position in Western Asset Intermediate Muni Fund during the second quarter worth $969,000. Wolverine Asset Management LLC raised its holdings in shares of Western Asset Intermediate Muni Fund by 101.4% in the second quarter. Wolverine Asset Management LLC now owns 37,852 shares of the company’s stock valued at $328,000 after acquiring an additional 19,061 shares in the last quarter. Centaurus Financial Inc. bought a new position in Western Asset Intermediate Muni Fund in the second quarter worth about $251,000. Whittier Trust Co. of Nevada Inc. raised its holdings in Western Asset Intermediate Muni Fund by 27.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 235,812 shares of the company’s stock worth $1,995,000 after purchasing an additional 50,700 shares in the last quarter. Finally, Strategic Financial Group LLC raised its holdings in Western Asset Intermediate Muni Fund by 90.1% in the third quarter. Strategic Financial Group LLC now owns 44,300 shares of the company’s stock worth $375,000 after purchasing an additional 21,000 shares in the last quarter.

Shares of NYSE SBI opened at $8.57 on Friday. Western Asset Intermediate Muni Fund Inc has a 52 week low of $8.18 and a 52 week high of $9.38.



The business also recently disclosed a monthly dividend, which will be paid on Friday, February 1st. Shareholders of record on Friday, January 18th will be given a $0.0275 dividend. The ex-dividend date is Thursday, January 17th. This represents a $0.33 annualized dividend and a yield of 3.85%.

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Western Asset Intermediate Muni Fund Profile

There is no company description available for Western Asset Intermediate Municipal Fund.

See Also: Bull Market

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

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