Rep. Kevin Hern Sells Off Shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $50,001 and $100,000 in BlackRock MuniAssets Fund stock on March 17th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Exact Sciences (NASDAQ:EXAS) on 3/24/2026.
  • Sold $50,001 – $100,000 in shares of Prologis (NYSE:PLD) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of T. Rowe Price Group (NASDAQ:TROW) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 3/20/2026.
  • Sold $500,001 – $1,000,000 in shares of Texas Instruments (NASDAQ:TXN) on 3/18/2026.
  • Sold $500,001 – $1,000,000 in shares of Smartstop Self Storage REIT (NYSE:SMA) on 3/18/2026.
  • Sold $15,001 – $50,000 in shares of Cognizant Technology Solutions (NASDAQ:CTSH) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Invesco (NYSE:IVZ) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Becton, Dickinson and Company (NYSE:BDX) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Comcast (NASDAQ:CMCSA) on 3/17/2026.

BlackRock MuniAssets Fund Stock Performance

Shares of BlackRock MuniAssets Fund stock opened at $10.54 on Tuesday. BlackRock MuniAssets Fund, Inc. has a fifty-two week low of $9.60 and a fifty-two week high of $11.79. The company’s 50 day moving average price is $10.89 and its two-hundred day moving average price is $10.86.

BlackRock MuniAssets Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.0555 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Institutional Trading of BlackRock MuniAssets Fund

A number of hedge funds have recently added to or reduced their stakes in MUA. Kestra Advisory Services LLC acquired a new stake in BlackRock MuniAssets Fund in the fourth quarter valued at approximately $50,000. Bernard Wealth Management Corp. boosted its position in BlackRock MuniAssets Fund by 82.8% in the third quarter. Bernard Wealth Management Corp. now owns 5,300 shares of the investment management company’s stock valued at $59,000 after buying an additional 2,400 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of BlackRock MuniAssets Fund by 212.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,003 shares of the investment management company’s stock valued at $73,000 after acquiring an additional 4,761 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of BlackRock MuniAssets Fund during the third quarter valued at $75,000. Finally, Nomura Holdings Inc. bought a new position in shares of BlackRock MuniAssets Fund during the second quarter valued at $104,000. Institutional investors and hedge funds own 20.38% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About BlackRock MuniAssets Fund

(Get Free Report)

BlackRock MuniAssets Fund, Inc (NYSE: MUA) is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Managed by BlackRock, one of the world’s leading investment managers, the fund primarily invests in a diversified portfolio of investment-grade municipal debt obligations. Its holdings typically include general obligation and revenue bonds issued by state and local governments, utilities, and infrastructure entities across the United States.

The fund employs a combination of active security selection and duration management to navigate changing interest rate and credit environments.

Further Reading

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