Traub Capital Management LLC Buys Shares of 130,531 Western Asset Intermediate Muni Fund Inc. $SBI

Traub Capital Management LLC purchased a new position in shares of Western Asset Intermediate Muni Fund Inc. (NYSE:SBI) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 130,531 shares of the company’s stock, valued at approximately $982,000. Western Asset Intermediate Muni Fund makes up about 0.9% of Traub Capital Management LLC’s investment portfolio, making the stock its 27th largest holding.

Other institutional investors have also modified their holdings of the company. Avantax Advisory Services Inc. raised its holdings in shares of Western Asset Intermediate Muni Fund by 1.3% in the 1st quarter. Avantax Advisory Services Inc. now owns 157,567 shares of the company’s stock valued at $1,229,000 after buying an additional 1,957 shares during the period. Invesco Ltd. increased its stake in Western Asset Intermediate Muni Fund by 69.4% during the first 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 period. Melfa Wealth Management Inc. increased its stake in Western Asset Intermediate Muni Fund by 34.4% during the second quarter. Melfa Wealth Management Inc. now owns 46,347 shares of the company’s stock worth $349,000 after purchasing an additional 11,850 shares during the period. Wolverine Asset Management LLC lifted its position in shares of Western Asset Intermediate Muni Fund by 29.3% during the second quarter. Wolverine Asset Management LLC now owns 43,898 shares of the company’s stock worth $330,000 after purchasing an additional 9,943 shares in the last quarter. Finally, Royal Bank of Canada boosted its stake 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 purchasing an additional 3,600 shares during the period.

Western Asset Intermediate Muni Fund Stock Down 0.2%

Shares of SBI opened at $7.81 on Wednesday. Western Asset Intermediate Muni Fund Inc. has a fifty-two week low of $7.30 and a fifty-two week high of $8.25. The firm’s 50 day moving average price is $7.88 and its 200 day moving average price is $7.69.

About Western Asset Intermediate Muni Fund

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.