BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Shares Sold by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lessened its holdings in BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Free Report) by 19.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 132,013 shares of the investment management company's stock after selling 31,132 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.34% of BlackRock MuniAssets Fund worth $1,457,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. ST Germain D J Co. Inc. purchased a new stake in BlackRock MuniAssets Fund during the fourth quarter worth about $33,000. Wolverine Asset Management LLC acquired a new position in shares of BlackRock MuniAssets Fund in the fourth quarter valued at approximately $60,000. River Street Advisors LLC purchased a new stake in BlackRock MuniAssets Fund during the 4th quarter worth approximately $119,000. Sanctuary Advisors LLC lifted its holdings in 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 buying an additional 2,150 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in BlackRock MuniAssets Fund by 87.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 19,344 shares of the investment management company's stock valued at $214,000 after buying an additional 9,022 shares during the period. 20.38% of the stock is currently owned by hedge funds and other institutional investors.

BlackRock MuniAssets Fund Trading Up 0.6 %

MUA traded up $0.06 on Friday, hitting $10.19. 58,485 shares of the company were exchanged, compared to its average volume of 102,164. The firm has a 50-day moving average price of $10.63 and a two-hundred day moving average price of $11.26. BlackRock MuniAssets Fund, Inc. has a twelve month low of $9.60 and a twelve month high of $12.69.

BlackRock MuniAssets Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a dividend of $0.0555 per share. The ex-dividend date is Tuesday, April 15th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 6.54%.

About BlackRock MuniAssets Fund

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.