Prospera Financial Services Inc Buys 9,481 Shares of Western Asset Municipal High Income Fund Inc. $MHF

Prospera Financial Services Inc lifted its stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 6.6% during the second quarter, Holdings Channel reports. The fund owned 153,411 shares of the financial services provider’s stock after acquiring an additional 9,481 shares during the quarter. Prospera Financial Services Inc’s holdings in Western Asset Municipal High Income Fund were worth $1,066,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MHF. Wealthcare Advisory Partners LLC boosted its position in Western Asset Municipal High Income Fund by 16.8% during the second quarter. Wealthcare Advisory Partners LLC now owns 20,850 shares of the financial services provider’s stock worth $145,000 after purchasing an additional 3,000 shares during the period. Stratos Wealth Partners LTD. bought a new position in shares of Western Asset Municipal High Income Fund in the second quarter valued at approximately $190,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Western Asset Municipal High Income Fund by 131.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 29,228 shares of the financial services provider’s stock worth $217,000 after buying an additional 16,622 shares during the last quarter. Invesco Ltd. bought a new stake in shares of Western Asset Municipal High Income Fund during the 1st quarter worth $475,000. Finally, ORG Wealth Partners LLC boosted its holdings in shares of Western Asset Municipal High Income Fund by 11.6% during the 2nd quarter. ORG Wealth Partners LLC now owns 78,774 shares of the financial services provider’s stock worth $555,000 after buying an additional 8,212 shares during the period.

Western Asset Municipal High Income Fund Trading Up 0.5%

Shares of MHF opened at $7.04 on Thursday. Western Asset Municipal High Income Fund Inc. has a one year low of $6.61 and a one year high of $7.82. The company’s fifty day moving average price is $7.17 and its 200 day moving average price is $7.05.

Western Asset Municipal High Income Fund Company Profile

Western Asset Municipal High Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company. The fund invests in the fixed income markets of the United States. It invests primarily in intermediate and long-term municipal debt securities issued by state and local governments including U.S.