Commonwealth Equity Services Inc reduced its position in shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 5.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,788 shares of the company’s stock after selling 6,800 shares during the period. Commonwealth Equity Services Inc owned about 0.89% of Western Asset Intermediate Muni Fund worth $1,223,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the stock. Royal Bank of Canada raised its position in shares of Western Asset Intermediate Muni Fund by 44.2% during the 2nd quarter. Royal Bank of Canada now owns 116,655 shares of the company’s stock valued at $1,148,000 after acquiring an additional 35,758 shares in the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of Western Asset Intermediate Muni Fund by 17.9% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 90,175 shares of the company’s stock valued at $877,000 after acquiring an additional 13,685 shares in the last quarter. First Trust Advisors LP raised its position in shares of Western Asset Intermediate Muni Fund by 8.0% during the 2nd quarter. First Trust Advisors LP now owns 70,455 shares of the company’s stock valued at $693,000 after acquiring an additional 5,209 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of Western Asset Intermediate Muni Fund by 7.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 35,478 shares of the company’s stock valued at $349,000 after acquiring an additional 2,500 shares in the last quarter. Finally, ProVise Management Group LLC raised its position in shares of Western Asset Intermediate Muni Fund by 2.3% during the 2nd quarter. ProVise Management Group LLC now owns 26,550 shares of the company’s stock valued at $261,000 after acquiring an additional 600 shares in the last quarter.

Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) traded up $0.02 during mid-day trading on Monday, hitting $9.46. The company had a trading volume of 9,900 shares, compared to its average volume of 25,956. Western Asset Intermediate Muni Fund Inc. has a twelve month low of $9.30 and a twelve month high of $9.99.

The business also recently announced a monthly dividend, which will be paid on Thursday, March 1st. Shareholders of record on Friday, February 16th will be given a $0.034 dividend. This represents a $0.41 annualized dividend and a yield of 4.31%. The ex-dividend date is Thursday, February 15th.

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

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