Western Asset Municipal Partners Fund Inc. (MNP) to Issue Dividend of $0.04 on October 2nd

Western Asset Municipal Partners Fund Inc. (NYSE:MNP) declared a dividend on Wednesday, August 2nd, NASDAQ reports. Stockholders of record on Friday, September 22nd will be given a dividend of 0.043 per share by the financial services provider on Monday, October 2nd. The ex-dividend date of this dividend is Thursday, September 21st.

Western Asset Municipal Partners Fund Stock Performance

MNP stock opened at $11.04 on Tuesday. Western Asset Municipal Partners Fund has a fifty-two week low of $10.71 and a fifty-two week high of $12.99. The stock has a fifty day moving average of $11.47 and a 200-day moving average of $11.67.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in MNP. Morgan Stanley boosted its stake in Western Asset Municipal Partners Fund by 59.4% in the 4th quarter. Morgan Stanley now owns 330,467 shares of the financial services provider’s stock worth $3,847,000 after purchasing an additional 123,198 shares during the period. Rivernorth Capital Management LLC raised its holdings in shares of Western Asset Municipal Partners Fund by 42.4% during the 2nd quarter. Rivernorth Capital Management LLC now owns 191,117 shares of the financial services provider’s stock valued at $2,236,000 after buying an additional 56,876 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Western Asset Municipal Partners Fund by 1.1% during the 1st quarter. First Trust Advisors LP now owns 107,015 shares of the financial services provider’s stock valued at $1,441,000 after buying an additional 1,120 shares in the last quarter. LPL Financial LLC raised its holdings in shares of Western Asset Municipal Partners Fund by 24.4% during the 2nd quarter. LPL Financial LLC now owns 77,748 shares of the financial services provider’s stock valued at $973,000 after buying an additional 15,265 shares in the last quarter. Finally, Moors & Cabot Inc. raised its holdings in shares of Western Asset Municipal Partners Fund by 139.6% during the 1st quarter. Moors & Cabot Inc. now owns 68,649 shares of the financial services provider’s stock valued at $925,000 after buying an additional 40,000 shares in the last quarter.

Western Asset Municipal Partners Fund Company Profile

Western Asset Municipal Partners 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 fixed income markets of the United States. The fund primarily invests in investment grade tax exempt securities issued by municipalities.