BlackRock MuniAssets Fund, Inc. $MUA Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. boosted its position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) by 28.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,200 shares of the investment management company’s stock after purchasing an additional 4,000 shares during the period. Stratos Wealth Partners LTD.’s holdings in BlackRock MuniAssets Fund were worth $189,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in MUA. Cetera Investment Advisers raised its position in BlackRock MuniAssets Fund by 5.0% in the first quarter. Cetera Investment Advisers now owns 29,107 shares of the investment management company’s stock worth $315,000 after acquiring an additional 1,377 shares in the last quarter. Bernard Wealth Management Corp. purchased a new position in BlackRock MuniAssets Fund in the second quarter worth $30,000. ST Germain D J Co. Inc. purchased a new position in BlackRock MuniAssets Fund in the second quarter worth $31,000. Ameritas Advisory Services LLC purchased a new position in BlackRock MuniAssets Fund in the second quarter worth $41,000. Finally, PNC Financial Services Group Inc. raised its position in BlackRock MuniAssets Fund by 4.5% in the first quarter. PNC Financial Services Group Inc. now owns 139,723 shares of the investment management company’s stock worth $1,513,000 after acquiring an additional 6,043 shares in the last quarter. Institutional investors and hedge funds own 20.38% of the company’s stock.

BlackRock MuniAssets Fund Trading Down 0.2%

NYSE:MUA opened at $10.97 on Monday. The stock has a fifty day moving average price of $10.99 and a two-hundred day moving average price of $10.53. BlackRock MuniAssets Fund, Inc. has a 1 year low of $9.60 and a 1 year high of $12.65.

BlackRock MuniAssets Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, November 3rd. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.0555 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Wednesday, October 15th.

BlackRock MuniAssets Fund 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.