Walter & Keenan Financial Consulting Co. MI ADV maintained its stake in shares of Western Asset Managed Municipals Fund, Inc. (NYSE:MMU) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,400 shares of the financial services provider’s stock at the end of the second quarter. Walter & Keenan Financial Consulting Co. MI ADV’s holdings in Western Asset Managed Municipals Fund were worth $488,000 as of its most recent SEC filing.

Separately, Stratos Wealth Partners LTD. raised its stake in shares of Western Asset Managed Municipals Fund by 5.1% in the second quarter. Stratos Wealth Partners LTD. now owns 75,165 shares of the financial services provider’s stock worth $1,037,000 after buying an additional 3,645 shares in the last quarter. Hedge funds and other institutional investors own 17.65% of the company’s stock.

Shares of Western Asset Managed Municipals Fund, Inc. (MMU) opened at 13.98 on Thursday. The stock has a 50 day moving average of $14.01 and a 200-day moving average of $13.85. Western Asset Managed Municipals Fund, Inc. has a 52 week low of $13.03 and a 52 week high of $15.57.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 1st. Investors of record on Friday, August 25th will be given a $0.063 dividend. This represents a $0.76 annualized dividend and a dividend yield of 5.41%. The ex-dividend date of this dividend is Wednesday, August 23rd.

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Western Asset Managed Municipals Fund Company Profile

Western Asset Managed Municipals Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to maximize current income exempt from federal income tax as is consistent with preservation of principal. It seeks to achieve its objective by investing primarily in long-term investment grade municipal debt securities issued by state and local governments, political subdivisions, agencies and public authorities (municipal obligations).

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Institutional Ownership by Quarter for Western Asset Managed Municipals Fund (NYSE:MMU)

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