Wells Fargo & Company MN lowered its position in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,833 shares of the company’s stock after selling 875 shares during the quarter. Wells Fargo & Company MN’s holdings in Western Asset Intermediate Muni Fund were worth $618,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. purchased a new position in Western Asset Intermediate Muni Fund in the second quarter valued at about $100,000. First Trust Advisors LP grew its stake in Western Asset Intermediate Muni Fund by 8.0% in the second quarter. First Trust Advisors LP now owns 70,455 shares of the company’s stock valued at $693,000 after purchasing an additional 5,209 shares in the last quarter. RFG Advisory Group LLC purchased a new position in Western Asset Intermediate Muni Fund in the second quarter valued at about $108,000. ProVise Management Group LLC grew its stake in Western Asset Intermediate Muni Fund by 2.3% in the second quarter. ProVise Management Group LLC now owns 26,550 shares of the company’s stock valued at $261,000 after purchasing an additional 600 shares in the last quarter. Finally, Stratford Consulting LLC grew its stake in Western Asset Intermediate Muni Fund by 1.1% in the second quarter. Stratford Consulting LLC now owns 19,072 shares of the company’s stock valued at $188,000 after purchasing an additional 213 shares in the last quarter.

Western Asset Intermediate Muni Fund Inc. (SBI) opened at $9.43 on Friday. Western Asset Intermediate Muni Fund Inc. has a 52 week low of $9.30 and a 52 week high of $10.13.

The business also recently declared a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Friday, November 24th will be given a $0.034 dividend. The ex-dividend date of this dividend is Wednesday, November 22nd. This represents a $0.41 dividend on an annualized basis and a dividend yield of 4.33%.

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

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