Vivaldi Capital Management LLC Buys 12,646 Shares of Western Asset Municipal (MHF)

Vivaldi Capital Management LLC increased its stake in Western Asset Municipal (NYSE:MHF) by 64.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,185 shares of the financial services provider’s stock after purchasing an additional 12,646 shares during the quarter. Vivaldi Capital Management LLC owned about 0.15% of Western Asset Municipal worth $231,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN grew its position in shares of Western Asset Municipal by 63.6% in the first quarter. Wells Fargo & Company MN now owns 230,863 shares of the financial services provider’s stock valued at $1,660,000 after purchasing an additional 89,752 shares in the last quarter. Sentinel Trust Co. LBA purchased a new position in Western Asset Municipal during the fourth quarter worth about $138,000. Raymond James & Associates grew its position in Western Asset Municipal by 38.2% during the fourth quarter. Raymond James & Associates now owns 206,398 shares of the financial services provider’s stock worth $1,527,000 after buying an additional 57,027 shares in the last quarter. Landscape Capital Management L.L.C. grew its position in Western Asset Municipal by 99.2% during the fourth quarter. Landscape Capital Management L.L.C. now owns 43,509 shares of the financial services provider’s stock worth $322,000 after buying an additional 21,669 shares in the last quarter. Finally, Doliver Capital Advisors LP purchased a new position in Western Asset Municipal during the fourth quarter worth about $397,000. Institutional investors own 11.13% of the company’s stock.

Get Western Asset Municipal alerts:

Western Asset Municipal stock opened at $7.28 on Thursday. Western Asset Municipal has a 52 week low of $7.22 and a 52 week high of $7.22.

The firm also recently announced a monthly dividend, which will be paid on Monday, July 2nd. Investors of record on Friday, June 22nd will be given a dividend of $0.0255 per share. This represents a $0.31 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Thursday, June 21st.

Western Asset Municipal Company Profile

There is no company description available for Western Asset Municipal High Income Fund Inc

Institutional Ownership by Quarter for Western Asset Municipal (NYSE:MHF)