Blackrock Muniassets Fund (NYSE:MUA) Shares Cross Below 200-Day Moving Average of $15.07

Blackrock Muniassets Fund, Inc. (NYSE:MUA)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $15.07 and traded as low as $15.08. Blackrock Muniassets Fund shares last traded at $15.08, with a volume of 16,139 shares changing hands.

The stock has a fifty day moving average price of $15.30 and a 200-day moving average price of $15.07.

The business also recently declared a — dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Monday, September 16th will be issued a $0.0525 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a dividend yield of 4%.



Several large investors have recently made changes to their positions in MUA. Keybank National Association OH increased its holdings in shares of Blackrock Muniassets Fund by 206.2% in the 2nd quarter. Keybank National Association OH now owns 256,996 shares of the investment management company’s stock valued at $4,076,000 after acquiring an additional 173,064 shares during the period. United Capital Financial Advisers LLC increased its holdings in shares of Blackrock Muniassets Fund by 16.6% in the 2nd quarter. United Capital Financial Advisers LLC now owns 158,105 shares of the investment management company’s stock valued at $2,508,000 after acquiring an additional 22,496 shares during the period. Raymond James & Associates increased its holdings in shares of Blackrock Muniassets Fund by 7.6% in the 1st quarter. Raymond James & Associates now owns 308,352 shares of the investment management company’s stock valued at $4,579,000 after acquiring an additional 21,709 shares during the period. Bank of America Corp DE increased its holdings in shares of Blackrock Muniassets Fund by 6.2% in the 2nd quarter. Bank of America Corp DE now owns 285,452 shares of the investment management company’s stock valued at $4,528,000 after acquiring an additional 16,757 shares during the period. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Blackrock Muniassets Fund by 14.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 130,391 shares of the investment management company’s stock valued at $2,068,000 after acquiring an additional 16,619 shares during the period. Institutional investors and hedge funds own 7.51% of the company’s stock.

Blackrock Muniassets Fund Company Profile (NYSE:MUA)

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.

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