ORG Partners LLC Makes New $460,000 Investment in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

ORG Partners LLC purchased a new position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the first quarter, according to its most recent filing with the SEC. The firm purchased 67,875 shares of the financial services provider’s stock, valued at approximately $460,000. Western Asset Municipal High Income Fund accounts for 0.9% of ORG Partners LLC’s portfolio, making the stock its 19th largest holding.

A number of other large investors have also recently bought and sold shares of MHF. Venturi Wealth Management LLC bought a new position in shares of Western Asset Municipal High Income Fund during the 4th quarter worth about $29,000. Signaturefd LLC bought a new position in shares of Western Asset Municipal High Income Fund during the 4th quarter worth about $39,000. Stonebrook Private Inc. bought a new position in shares of Western Asset Municipal High Income Fund during the 4th quarter worth about $128,000. Wolverine Asset Management LLC bought a new position in shares of Western Asset Municipal High Income Fund during the 4th quarter worth about $171,000. Finally, TCG Advisory Services LLC bought a new position in shares of Western Asset Municipal High Income Fund during the 4th quarter worth about $193,000.

Western Asset Municipal High Income Fund Price Performance

Shares of MHF stock traded up $0.05 on Friday, reaching $6.98. 39,079 shares of the company were exchanged, compared to its average volume of 61,365. The company has a 50-day moving average of $6.77 and a 200-day moving average of $6.67. Western Asset Municipal High Income Fund Inc. has a one year low of $5.92 and a one year high of $7.17.

Western Asset Municipal High Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, August 1st. Stockholders of record on Wednesday, July 24th will be given a dividend of $0.034 per share. The ex-dividend date of this dividend is Wednesday, July 24th.

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.