Integrated Capital Management Inc. Acquires New Holdings in BlackRock MuniAssets Fund, Inc. $MUA

Integrated Capital Management Inc. acquired a new stake in shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,525 shares of the investment management company’s stock, valued at approximately $276,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MUA. Farther Finance Advisors LLC lifted its position in BlackRock MuniAssets Fund by 4,225.5% during the first quarter. Farther Finance Advisors LLC now owns 8,651 shares of the investment management company’s stock valued at $94,000 after purchasing an additional 8,451 shares during the period. CX Institutional bought a new position in BlackRock MuniAssets Fund during the first quarter valued at approximately $87,000. Janney Montgomery Scott LLC bought a new position in BlackRock MuniAssets Fund during the first quarter valued at approximately $166,000. Advisor Resource Council bought a new position in BlackRock MuniAssets Fund during the first quarter valued at approximately $263,000. Finally, Keudell Morrison Wealth Management lifted its position in BlackRock MuniAssets Fund by 4.6% during the first quarter. Keudell Morrison Wealth Management now owns 34,036 shares of the investment management company’s stock valued at $369,000 after purchasing an additional 1,500 shares during the period. Institutional investors own 20.38% of the company’s stock.

BlackRock MuniAssets Fund Stock Performance

Shares of BlackRock MuniAssets Fund stock opened at $10.73 on Monday. The company’s 50 day moving average is $10.92 and its 200 day moving average is $10.50. BlackRock MuniAssets Fund, Inc. has a twelve month low of $9.60 and a twelve month high of $12.69.

BlackRock MuniAssets Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th will be given a $0.0555 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a yield of 6.2%.

BlackRock MuniAssets Fund Company Profile

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.