14,000 Shares in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) Purchased by PKS Advisory Services LLC

PKS Advisory Services LLC bought a new stake in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 14,000 shares of the financial services provider’s stock, valued at approximately $95,000.

Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its stake in shares of Western Asset Municipal High Income Fund by 14.4% in the fourth quarter. Jones Financial Companies Lllp now owns 62,321 shares of the financial services provider’s stock valued at $424,000 after purchasing an additional 7,843 shares during the period. Van ECK Associates Corp lifted its holdings in Western Asset Municipal High Income Fund by 4.2% during the 4th quarter. Van ECK Associates Corp now owns 111,950 shares of the financial services provider’s stock worth $761,000 after buying an additional 4,543 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Western Asset Municipal High Income Fund during the 4th quarter worth approximately $6,569,000. Independent Advisor Alliance purchased a new position in Western Asset Municipal High Income Fund in the 4th quarter valued at approximately $128,000. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of Western Asset Municipal High Income Fund by 9.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 475,225 shares of the financial services provider’s stock worth $3,232,000 after acquiring an additional 42,433 shares in the last quarter.

Western Asset Municipal High Income Fund Trading Down 2.6 %

Shares of NYSE MHF opened at $7.62 on Thursday. The business’s fifty day simple moving average is $7.34 and its 200-day simple moving average is $7.19. Western Asset Municipal High Income Fund Inc. has a 12-month low of $6.51 and a 12-month high of $7.83.

Western Asset Municipal High Income Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a $0.034 dividend. This represents a yield of 5.34%. The ex-dividend date is Monday, March 24th.

About Western Asset Municipal High Income Fund

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.