HighTower Advisors LLC Has $856,000 Stock Position in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

HighTower Advisors LLC increased its position in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 1.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 125,811 shares of the financial services provider’s stock after purchasing an additional 1,901 shares during the quarter. HighTower Advisors LLC’s holdings in Western Asset Municipal High Income Fund were worth $856,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of MHF. Jones Financial Companies Lllp lifted its position in Western Asset Municipal High Income Fund by 14.4% during the fourth quarter. Jones Financial Companies Lllp now owns 62,321 shares of the financial services provider’s stock worth $424,000 after acquiring an additional 7,843 shares during the last quarter. Van ECK Associates Corp increased its position 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 during the period. Raymond James Financial Inc. acquired a new stake in shares of Western Asset Municipal High Income Fund during the fourth quarter worth $6,569,000. Independent Advisor Alliance bought a new stake in shares of Western Asset Municipal High Income Fund in the fourth quarter valued at about $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 valued at $3,232,000 after acquiring an additional 42,433 shares in the last quarter.

Western Asset Municipal High Income Fund Stock Down 1.6 %

Shares of MHF opened at $7.48 on Friday. The firm’s 50 day moving average is $7.35 and its 200-day 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 company also recently disclosed a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 25th will be given a dividend of $0.034 per share. The ex-dividend date is Monday, March 24th. This represents a yield of 5.34%.

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.