Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Shares Purchased by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. raised its position in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 9.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 475,225 shares of the financial services provider’s stock after acquiring an additional 42,433 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Western Asset Municipal High Income Fund were worth $3,232,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Rockefeller Capital Management L.P. grew its holdings in Western Asset Municipal High Income Fund by 9.4% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 128,500 shares of the financial services provider’s stock worth $929,000 after buying an additional 11,000 shares in the last quarter. Prospera Financial Services Inc boosted its position in Western Asset Municipal High Income Fund by 28.7% during the 3rd quarter. Prospera Financial Services Inc now owns 115,262 shares of the financial services provider’s stock worth $833,000 after acquiring an additional 25,677 shares during the period. Van ECK Associates Corp bought a new position in shares of Western Asset Municipal High Income Fund in the third quarter worth $766,000. International Assets Investment Management LLC increased its holdings in shares of Western Asset Municipal High Income Fund by 628.0% during the third quarter. International Assets Investment Management LLC now owns 70,819 shares of the financial services provider’s stock valued at $512,000 after purchasing an additional 61,091 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Western Asset Municipal High Income Fund by 18.3% during the second quarter. Commonwealth Equity Services LLC now owns 34,417 shares of the financial services provider’s stock valued at $233,000 after purchasing an additional 5,331 shares in the last quarter.

Western Asset Municipal High Income Fund Stock Down 0.2 %

MHF stock opened at $7.05 on Friday. The company has a 50-day simple moving average of $7.03 and a 200 day simple moving average of $7.08. Western Asset Municipal High Income Fund Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $7.39.

Western Asset Municipal High Income Fund Announces Dividend

The business also recently declared a dividend, which will be paid on Monday, February 3rd. Stockholders of record on Friday, January 24th will be paid a $0.034 dividend. The ex-dividend date of this dividend is Friday, January 24th.

Western Asset Municipal High Income Fund 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.