Western Asset Municipal High Income Fund (NYSE:MHF) Stock Price Crosses Above Fifty Day Moving Average of $7.10

Western Asset Municipal High Income Fund Inc. (NYSE:MHF)’s stock price passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.10 and traded as high as $7.33. Western Asset Municipal High Income Fund shares last traded at $7.28, with a volume of 69,145 shares.

Western Asset Municipal High Income Fund Price Performance

The business has a 50 day moving average price of $7.11 and a 200 day moving average price of $6.88.

Western Asset Municipal High Income Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, October 1st. Shareholders of record on Monday, September 23rd will be paid a $0.034 dividend. The ex-dividend date is Monday, September 23rd.

Institutional Trading of Western Asset Municipal High Income Fund

A number of large investors have recently bought and sold shares of the business. International Assets Investment Management LLC bought a new position in Western Asset Municipal High Income Fund during the 2nd quarter worth about $66,000. Comerica Bank acquired a new stake in Western Asset Municipal High Income Fund in the 1st quarter valued at approximately $102,000. Alpine Global Management LLC acquired a new stake in Western Asset Municipal High Income Fund in the 1st quarter valued at approximately $136,000. Sanctuary Advisors LLC bought a new stake in Western Asset Municipal High Income Fund in the 2nd quarter valued at approximately $137,000. Finally, Rothschild Investment LLC acquired a new position in Western Asset Municipal High Income Fund during the 2nd quarter worth approximately $217,000.

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.