10,336 Shares in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Purchased by Creative Planning

Creative Planning purchased a new position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 10,336 shares of the investment management company’s stock, valued at approximately $128,000.

Other large investors have also recently bought and sold shares of the company. Commonwealth Equity Services LLC increased its stake in shares of BlackRock MuniAssets Fund by 14.8% in the second quarter. Commonwealth Equity Services LLC now owns 253,744 shares of the investment management company’s stock valued at $2,943,000 after buying an additional 32,744 shares in the last quarter. Rothschild Investment LLC acquired a new stake in shares of BlackRock MuniAssets Fund in the 2nd quarter valued at approximately $371,000. Tyche Wealth Partners LLC bought a new position in BlackRock MuniAssets Fund during the 2nd quarter worth approximately $195,000. Sanctuary Advisors LLC acquired a new position in BlackRock MuniAssets Fund during the second quarter valued at approximately $171,000. Finally, PFG Investments LLC bought a new stake in BlackRock MuniAssets Fund in the second quarter valued at approximately $157,000. 20.38% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniAssets Fund Trading Down 0.7 %

NYSE:MUA opened at $12.34 on Wednesday. The business’s 50-day simple moving average is $12.21 and its 200-day simple moving average is $11.71. BlackRock MuniAssets Fund, Inc. has a fifty-two week low of $9.30 and a fifty-two week high of $12.69.

BlackRock MuniAssets Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.0555 per share. This represents a $0.67 annualized dividend and a yield of 5.40%. The ex-dividend date of this dividend is Friday, November 15th.

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.