Prospera Financial Services Inc Sells 887 Shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Prospera Financial Services Inc decreased its position in BlackRock MuniAssets Fund, Inc. (NYSE:MUAGet Rating) by 7.4% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 11,061 shares of the investment management company’s stock after selling 887 shares during the period. Prospera Financial Services Inc’s holdings in BlackRock MuniAssets Fund were worth $142,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of MUA. Concourse Financial Group Securities Inc. bought a new stake in BlackRock MuniAssets Fund in the 4th quarter valued at approximately $34,000. Disciplined Investments LLC bought a new stake in BlackRock MuniAssets Fund in the 1st quarter valued at approximately $46,000. Delos Wealth Advisors LLC bought a new stake in BlackRock MuniAssets Fund in the 4th quarter valued at approximately $74,000. Oppenheimer & Co. Inc. lifted its stake in BlackRock MuniAssets Fund by 16.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 14,018 shares of the investment management company’s stock valued at $208,000 after acquiring an additional 1,950 shares in the last quarter. Finally, Walker Asset Management LLC bought a new stake in BlackRock MuniAssets Fund in the 1st quarter valued at approximately $209,000. Institutional investors own 10.53% of the company’s stock.

BlackRock MuniAssets Fund Trading Up 2.0 %

Shares of BlackRock MuniAssets Fund stock opened at $13.14 on Friday. BlackRock MuniAssets Fund, Inc. has a 12-month low of $10.70 and a 12-month high of $16.95. The business’s 50 day moving average is $12.19 and its 200-day moving average is $12.58.

BlackRock MuniAssets Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, September 1st. Stockholders of record on Monday, August 15th will be paid a dividend of $0.0455 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 4.16%. The ex-dividend date of this dividend is Friday, August 12th.

BlackRock MuniAssets Fund Profile

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BlackRock MuniAssets Fund, Inc is a closed ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income markets. It seeks to provide current income exempt from federal income taxes by investing primarily in a portfolio of medium-to-lower grade or unrated municipal obligations the interest on which is exempt from federal income taxes.

Further Reading

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Institutional Ownership by Quarter for BlackRock MuniAssets Fund (NYSE:MUA)

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