Western Asset Intermediate Muni Fund Inc. $SBI Shares Sold by Whittier Trust Co.

Whittier Trust Co. cut its stake in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 20.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,850 shares of the company’s stock after selling 11,229 shares during the quarter. Whittier Trust Co.’s holdings in Western Asset Intermediate Muni Fund were worth $322,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of SBI. Farther Finance Advisors LLC acquired a new position in Western Asset Intermediate Muni Fund in the first quarter valued at approximately $28,000. Carson Advisory Inc. lifted its holdings in Western Asset Intermediate Muni Fund by 13.2% in the first quarter. Carson Advisory Inc. now owns 197,797 shares of the company’s stock valued at $1,543,000 after acquiring an additional 23,044 shares during the period. Avantax Advisory Services Inc. lifted its holdings in Western Asset Intermediate Muni Fund by 1.3% in the first quarter. Avantax Advisory Services Inc. now owns 157,567 shares of the company’s stock valued at $1,229,000 after acquiring an additional 1,957 shares during the period. Moors & Cabot Inc. acquired a new position in Western Asset Intermediate Muni Fund in the first quarter valued at approximately $87,000. Finally, Wolverine Asset Management LLC lifted its holdings in Western Asset Intermediate Muni Fund by 541.6% in the first quarter. Wolverine Asset Management LLC now owns 33,955 shares of the company’s stock valued at $265,000 after acquiring an additional 28,663 shares during the period.

Western Asset Intermediate Muni Fund Stock Down 0.2%

Shares of SBI stock opened at $7.88 on Friday. The stock has a 50 day simple moving average of $7.81 and a 200-day simple moving average of $7.64. Western Asset Intermediate Muni Fund Inc. has a 1-year low of $7.30 and a 1-year high of $8.25.

Western Asset Intermediate Muni Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Friday, October 24th will be paid a dividend of $0.042 per share. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date of this dividend is Friday, October 24th.

Western Asset Intermediate Muni Fund Company 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.