Wealth Enhancement Advisory Services LLC Takes Position in Western Asset Municipal High Income Fund Inc. (NYSE:MHF)

Wealth Enhancement Advisory Services LLC acquired a new position in shares of Western Asset Municipal High Income Fund Inc. (NYSE:MHF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 19,208 shares of the financial services provider’s stock, valued at approximately $139,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC lifted its stake in Western Asset Municipal High Income Fund by 628.0% during the third quarter. International Assets Investment Management LLC now owns 70,819 shares of the financial services provider’s stock worth $512,000 after purchasing an additional 61,091 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in Western Asset Municipal High Income Fund by 8.5% in the first quarter. Janney Montgomery Scott LLC now owns 84,295 shares of the financial services provider’s stock worth $572,000 after buying an additional 6,593 shares in the last quarter. Raymond James & Associates grew its position in Western Asset Municipal High Income Fund by 5.7% during the second quarter. Raymond James & Associates now owns 415,265 shares of the financial services provider’s stock valued at $2,815,000 after acquiring an additional 22,380 shares during the last quarter. Comerica Bank purchased a new position in shares of Western Asset Municipal High Income Fund during the first quarter worth approximately $102,000. Finally, Rothschild Investment LLC bought a new stake in shares of Western Asset Municipal High Income Fund in the 2nd quarter worth approximately $217,000.

Western Asset Municipal High Income Fund Stock Down 1.0 %

MHF stock opened at $7.10 on Wednesday. The firm’s fifty day moving average is $7.19 and its 200 day moving average is $6.99. Western Asset Municipal High Income Fund Inc. has a 52 week low of $6.18 and a 52 week high of $7.39.

About Western Asset Municipal High Income Fund

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.