BlackRock MuniAssets Fund, Inc. (MUA) To Go Ex-Dividend on February 14th

BlackRock MuniAssets Fund, Inc. (NYSE:MUAGet Free Report) declared a monthly dividend on Friday, November 17th, Wall Street Journal reports. Investors of record on Thursday, February 15th will be paid a dividend of 0.0555 per share by the investment management company on Friday, March 1st. This represents a $0.67 annualized dividend and a yield of 6.10%. The ex-dividend date of this dividend is Wednesday, February 14th.

BlackRock MuniAssets Fund Trading Up 1.1 %

Shares of MUA opened at $10.91 on Monday. BlackRock MuniAssets Fund has a fifty-two week low of $8.61 and a fifty-two week high of $11.40. The company’s fifty day moving average is $10.73 and its two-hundred day moving average is $9.93.

Insider Buying and Selling

In other BlackRock MuniAssets Fund news, major shareholder Of America Corp /De/ Bank sold 17,769 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $9.94, for a total transaction of $176,623.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On BlackRock MuniAssets Fund

Several institutional investors have recently bought and sold shares of MUA. Captrust Financial Advisors acquired a new position in shares of BlackRock MuniAssets Fund during the 2nd quarter valued at $31,000. US Bancorp DE lifted its stake in shares of BlackRock MuniAssets Fund by 69.3% during the first quarter. US Bancorp DE now owns 5,250 shares of the investment management company’s stock worth $68,000 after purchasing an additional 2,149 shares in the last quarter. Advisory Services Network LLC boosted its position in shares of BlackRock MuniAssets Fund by 87.5% in the first quarter. Advisory Services Network LLC now owns 7,500 shares of the investment management company’s stock worth $79,000 after buying an additional 3,500 shares during the period. Gladstone Institutional Advisory LLC acquired a new stake in shares of BlackRock MuniAssets Fund in the first quarter valued at about $109,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of BlackRock MuniAssets Fund during the 1st quarter valued at about $157,000. 17.42% of the stock is currently owned by hedge funds and other institutional investors.

About BlackRock MuniAssets Fund

(Get Free Report)

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.

Featured Articles

Dividend History for BlackRock MuniAssets Fund (NYSE:MUA)

Receive News & Ratings for BlackRock MuniAssets Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock MuniAssets Fund and related companies with MarketBeat.com's FREE daily email newsletter.