Blue Bell Private Wealth Management LLC Sells 4,677 Shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBI)

Blue Bell Private Wealth Management LLC cut its holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) by 21.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,527 shares of the company’s stock after selling 4,677 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in Western Asset Intermediate Muni Fund were worth $136,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Rivernorth Capital Management LLC lifted its position in Western Asset Intermediate Muni Fund by 2.8% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,674,840 shares of the company’s stock worth $13,734,000 after acquiring an additional 45,940 shares during the last quarter. Pathstone Holdings LLC lifted its position in Western Asset Intermediate Muni Fund by 23.6% during the 3rd quarter. Pathstone Holdings LLC now owns 270,171 shares of the company’s stock worth $2,216,000 after acquiring an additional 51,543 shares during the last quarter. Whitebox Advisors LLC lifted its position in Western Asset Intermediate Muni Fund by 1.2% during the 3rd quarter. Whitebox Advisors LLC now owns 171,438 shares of the company’s stock worth $1,406,000 after acquiring an additional 1,994 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Western Asset Intermediate Muni Fund during the 4th quarter worth $1,313,000. Finally, Carson Advisory Inc. acquired a new position in Western Asset Intermediate Muni Fund during the 3rd quarter worth $733,000.

Western Asset Intermediate Muni Fund Price Performance

Western Asset Intermediate Muni Fund stock opened at $7.82 on Friday. Western Asset Intermediate Muni Fund Inc. has a fifty-two week low of $7.60 and a fifty-two week high of $8.29. The firm has a fifty day moving average price of $7.83 and a two-hundred day moving average price of $8.00.

Western Asset Intermediate Muni Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be given a dividend of $0.042 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.45%. The ex-dividend date is Monday, March 24th.

About Western Asset Intermediate Muni Fund

Western Asset Intermediate Muni Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax.