ORG Wealth Partners LLC Acquires 68,054 Shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

ORG Wealth Partners LLC lifted its holdings in Western Asset Municipal High Income Fund Inc. (NYSE:MHF - Free Report) by 2,713.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,562 shares of the financial services provider's stock after acquiring an additional 68,054 shares during the period. ORG Wealth Partners LLC owned 0.33% of Western Asset Municipal High Income Fund worth $522,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in Western Asset Municipal High Income Fund in the 4th quarter worth about $6,569,000. HighTower Advisors LLC raised its position in Western Asset Municipal High Income Fund by 1.5% in the 4th quarter. HighTower Advisors LLC now owns 125,811 shares of the financial services provider's stock worth $856,000 after purchasing an additional 1,901 shares during the period. Van ECK Associates Corp raised its position in Western Asset Municipal High Income Fund by 4.2% in the 4th quarter. Van ECK Associates Corp now owns 111,950 shares of the financial services provider's stock worth $761,000 after purchasing an additional 4,543 shares during the period. Jones Financial Companies Lllp raised its position in Western Asset Municipal High Income Fund by 14.4% in the 4th quarter. Jones Financial Companies Lllp now owns 62,321 shares of the financial services provider's stock worth $424,000 after purchasing an additional 7,843 shares during the period. Finally, Wells Fargo & Company MN raised its position in Western Asset Municipal High Income Fund by 11.8% in the 4th quarter. Wells Fargo & Company MN now owns 51,865 shares of the financial services provider's stock worth $353,000 after purchasing an additional 5,473 shares during the period.

Western Asset Municipal High Income Fund Price Performance

Western Asset Municipal High Income Fund stock opened at $6.94 on Thursday. Western Asset Municipal High Income Fund Inc. has a 1-year low of $6.69 and a 1-year high of $7.83. The company's 50-day moving average is $7.12 and its 200 day moving average is $7.18.

Western Asset Municipal High Income Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, July 1st. Stockholders of record on Tuesday, June 24th will be given a dividend of $0.034 per share. This represents a dividend yield of 5.91%. The ex-dividend date is Monday, June 23rd.

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.

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