Guggenheim Capital LLC Sells 176,724 Shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Guggenheim Capital LLC trimmed its stake in Western Asset Municipal High Income Fund Inc. (NYSE:MHF) by 34.7% during the 4th quarter, HoldingsChannel reports. The fund owned 331,858 shares of the financial services provider’s stock after selling 176,724 shares during the quarter. Guggenheim Capital LLC’s holdings in Western Asset Municipal High Income Fund were worth $2,257,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Raymond James Financial Inc. purchased a new stake in shares of Western Asset Municipal High Income Fund during the fourth quarter valued at approximately $6,569,000. Hennion & Walsh Asset Management Inc. boosted its stake in Western Asset Municipal High Income Fund by 9.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 475,225 shares of the financial services provider’s stock valued at $3,232,000 after buying an additional 42,433 shares during the last quarter. HighTower Advisors LLC increased its position in Western Asset Municipal High Income Fund by 1.5% in the fourth 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 last quarter. Van ECK Associates Corp grew its position in Western Asset Municipal High Income Fund by 4.2% in the fourth quarter. Van ECK Associates Corp now owns 111,950 shares of the financial services provider’s stock worth $761,000 after acquiring an additional 4,543 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of Western Asset Municipal High Income Fund by 14.4% in the fourth 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 period.

Western Asset Municipal High Income Fund Stock Performance

Shares of MHF stock opened at $6.99 on Friday. The stock has a fifty day simple moving average of $7.39 and a two-hundred day simple moving average of $7.18. Western Asset Municipal High Income Fund Inc. has a twelve month low of $6.51 and a twelve month high of $7.83.

Western Asset Municipal High Income Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.034 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a dividend yield of 5.34%.

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.