Traub Capital Management LLC Takes Position in Western Asset Intermediate Muni Fund Inc. $SBI

Traub Capital Management LLC acquired a new position in shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 130,531 shares of the company’s stock, valued at approximately $982,000. Western Asset Intermediate Muni Fund makes up approximately 0.9% of Traub Capital Management LLC’s holdings, making the stock its 27th biggest position.

A number of other large investors have also recently made changes to their positions in the company. Avantax Advisory Services Inc. lifted its stake in Western Asset Intermediate Muni Fund by 1.3% in the first quarter. Avantax Advisory Services Inc. now owns 157,567 shares of the company’s stock worth $1,229,000 after acquiring an additional 1,957 shares during the last quarter. Moors & Cabot Inc. purchased a new stake in shares of Western Asset Intermediate Muni Fund in the 1st quarter valued at approximately $87,000. Wolverine Asset Management LLC raised its holdings in shares of Western Asset Intermediate Muni Fund by 541.6% in the 1st quarter. Wolverine Asset Management LLC now owns 33,955 shares of the company’s stock valued at $265,000 after purchasing an additional 28,663 shares in the last quarter. Invesco Ltd. lifted its position in shares of Western Asset Intermediate Muni Fund by 69.4% during the 1st quarter. Invesco Ltd. now owns 131,915 shares of the company’s stock worth $1,029,000 after purchasing an additional 54,065 shares during the last quarter. Finally, Royal Bank of Canada grew its stake in shares of Western Asset Intermediate Muni Fund by 13.5% during the first quarter. Royal Bank of Canada now owns 30,278 shares of the company’s stock worth $236,000 after purchasing an additional 3,600 shares in the last quarter.

Western Asset Intermediate Muni Fund Price Performance

NYSE:SBI opened at $7.81 on Wednesday. Western Asset Intermediate Muni Fund Inc. has a 12 month low of $7.30 and a 12 month high of $8.25. The business’s fifty day moving average price is $7.88 and its 200 day moving average price is $7.69.

Western Asset Intermediate Muni Fund Profile

Western Asset Intermediate Muni Fund Inc is a closed ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. The fund is co-managed by Western Asset Management Company. It invests in the fixed income markets of the United States. The fund invests in securities that provide income exempt from federal income tax.