Collaborative Wealth Managment Inc. Makes New Investment in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Collaborative Wealth Managment Inc. bought a new position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 19,565 shares of the financial services provider’s stock, valued at approximately $133,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MHF. Prospera Financial Services Inc boosted its stake 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 purchasing an additional 25,677 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Western Asset Municipal High Income Fund by 9.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 128,500 shares of the financial services provider’s stock worth $929,000 after purchasing an additional 11,000 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its position in shares of Western Asset Municipal High Income Fund by 9.8% during the 4th 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 during the last quarter. Van ECK Associates Corp boosted its position in shares of 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 valued at $761,000 after acquiring an additional 4,543 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of Western Asset Municipal High Income Fund by 14.4% during the 4th quarter. Jones Financial Companies Lllp now owns 62,321 shares of the financial services provider’s stock valued at $424,000 after acquiring an additional 7,843 shares during the last quarter.

Western Asset Municipal High Income Fund Price Performance

Shares of MHF stock opened at $7.57 on Friday. The company’s 50-day moving average price is $7.24 and its 200-day moving average price is $7.16. Western Asset Municipal High Income Fund Inc. has a twelve month low of $6.51 and a twelve month high of $7.79.

Western Asset Municipal High Income Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Monday, March 24th will be given a dividend of $0.034 per share. The ex-dividend date is Monday, March 24th.

Western Asset Municipal High Income Fund Company 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.