Westn Ast Muni (MHF) Stake Lowered by Wells Fargo & Company MN
Wells Fargo & Company MN reduced its holdings in Westn Ast Muni (NYSE:MHF) by 6.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 106,553 shares of the financial services provider’s stock after selling 7,044 shares during the quarter. Wells Fargo & Company MN’s holdings in Westn Ast Muni were worth $785,000 at the end of the most recent quarter.
Separately, Newman Dignan & Sheerar Inc. lifted its holdings in shares of Westn Ast Muni by 10.5% in the 2nd quarter. Newman Dignan & Sheerar Inc. now owns 38,917 shares of the financial services provider’s stock valued at $287,000 after buying an additional 3,709 shares during the period. Hedge funds and other institutional investors own 8.39% of the company’s stock.
Shares of Westn Ast Muni (NYSE MHF) opened at $7.52 on Wednesday. Westn Ast Muni has a 1-year low of $7.00 and a 1-year high of $8.05.
The firm also recently declared a monthly dividend, which was paid on Wednesday, November 1st. Stockholders of record on Friday, October 20th were issued a $0.0255 dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a $0.31 annualized dividend and a dividend yield of 4.07%.
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Westn Ast Muni Profile
Western Asset Municipal High Income Fund Inc is a diversified, closed-end management investment company. The Fund seeks high current income exempt from federal income taxes. The Fund invests primarily in intermediate and long-term municipal debt securities issued by state and local governments, including the United States territories and possessions, political subdivisions, agencies and public authorities.
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