BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Shares Purchased by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA – Get Rating) by 136.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 133,505 shares of the investment management company’s stock after purchasing an additional 76,994 shares during the period. Commonwealth Equity Services LLC owned approximately 0.35% of BlackRock MuniAssets Fund worth $1,444,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Captrust Financial Advisors bought a new position in shares of BlackRock MuniAssets Fund in the second quarter valued at $31,000. Toth Financial Advisory Corp bought a new position in shares of BlackRock MuniAssets Fund in the fourth quarter valued at $35,000. US Bancorp DE increased its holdings in shares of BlackRock MuniAssets Fund by 69.3% in the first quarter. US Bancorp DE now owns 5,250 shares of the investment management company’s stock valued at $68,000 after buying an additional 2,149 shares in the last quarter. Wolverine Asset Management LLC bought a new position in shares of BlackRock MuniAssets Fund in the third quarter valued at $65,000. Finally, Walleye Capital LLC bought a new position in shares of BlackRock MuniAssets Fund in the first quarter valued at $187,000. 11.76% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniAssets Fund Stock Up 0.1 %

NYSE MUA opened at $10.21 on Friday. BlackRock MuniAssets Fund, Inc. has a 1 year low of $9.47 and a 1 year high of $13.63. The business’s fifty day moving average is $10.37 and its two-hundred day moving average is $10.56.

BlackRock MuniAssets Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Monday, May 15th will be paid a dividend of $0.0405 per share. This represents a $0.49 annualized dividend and a yield of 4.76%. The ex-dividend date of this dividend is Friday, May 12th.

About BlackRock MuniAssets Fund

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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.