Keybank National Association OH Raises Holdings in BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Keybank National Association OH raised its position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) by 14.2% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,004,022 shares of the investment management company’s stock after purchasing an additional 124,464 shares during the period. Keybank National Association OH owned 2.60% of BlackRock MuniAssets Fund worth $11,084,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Creative Planning purchased a new position in shares of BlackRock MuniAssets Fund in the third quarter worth about $128,000. PNC Financial Services Group Inc. lifted its stake in BlackRock MuniAssets Fund by 6.7% in the 3rd quarter. PNC Financial Services Group Inc. now owns 124,390 shares of the investment management company’s stock worth $1,542,000 after purchasing an additional 7,850 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in shares of BlackRock MuniAssets Fund by 3.9% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 163,145 shares of the investment management company’s stock worth $2,023,000 after purchasing an additional 6,054 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of BlackRock MuniAssets Fund by 13.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 17,869 shares of the investment management company’s stock worth $215,000 after purchasing an additional 2,150 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new stake in shares of BlackRock MuniAssets Fund in the fourth quarter valued at approximately $33,000. Institutional investors and hedge funds own 20.38% of the company’s stock.

BlackRock MuniAssets Fund Trading Down 0.8 %

Shares of BlackRock MuniAssets Fund stock opened at $10.98 on Wednesday. The business’s 50 day moving average price is $11.08 and its 200 day moving average price is $11.69. BlackRock MuniAssets Fund, Inc. has a one year low of $10.68 and a one year high of $12.69.

BlackRock MuniAssets Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.0555 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $0.67 annualized dividend and a dividend yield of 6.07%.

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.