Melfa Wealth Management Inc. Acquires 11,850 Shares of Western Asset Intermediate Muni Fund Inc. $SBI

Posted by George Bondi on Sep 30th, 2025

Melfa Wealth Management Inc. grew its holdings in Western Asset Intermediate Muni Fund Inc. (NYSE:SBI – Free Report) by 34.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 46,347 shares of the company’s stock after acquiring an additional 11,850 shares during the quarter. Melfa Wealth Management Inc.’s holdings in Western Asset Intermediate Muni Fund were worth $349,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of SBI. Farther Finance Advisors LLC bought a new stake in shares of Western Asset Intermediate Muni Fund in the first quarter valued at about $28,000. Moors & Cabot Inc. bought a new stake in shares of Western Asset Intermediate Muni Fund in the first quarter valued at about $87,000. Concorde Asset Management LLC bought a new stake in shares of Western Asset Intermediate Muni Fund in the first quarter valued at about $90,000. Northwest Financial Advisors bought a new stake in shares of Western Asset Intermediate Muni Fund in the first quarter valued at about $105,000. Finally, Royal Bank of Canada boosted its position in shares of Western Asset Intermediate Muni Fund by 13.5% in the first quarter. Royal Bank of Canada now owns 30,278 shares of the company’s stock valued at $236,000 after acquiring an additional 3,600 shares during the period.

Western Asset Intermediate Muni Fund Price Performance

Shares of Western Asset Intermediate Muni Fund stock opened at $7.88 on Tuesday. The firm has a 50-day moving average of $7.72 and a 200-day moving average of $7.62. Western Asset Intermediate Muni Fund Inc. has a 52-week low of $7.30 and a 52-week high of $8.29.

Western Asset Intermediate Muni Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, November 3rd. Investors of record on Friday, October 24th will be given a dividend of $0.042 per share. The ex-dividend date of this dividend is Friday, October 24th. This represents a c) annualized dividend and a yield of 6.4%.

Western Asset Intermediate Muni Fund Company Profile

(Free Report)

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.