Mpwm Advisory Solutions LLC acquired a new position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 90,877 shares of the investment management company's stock, valued at approximately $1,003,000. BlackRock MuniAssets Fund accounts for 0.7% of Mpwm Advisory Solutions LLC's holdings, making the stock its 24th largest holding. Mpwm Advisory Solutions LLC owned 0.24% of BlackRock MuniAssets Fund at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. Measured Risk Portfolios Inc. purchased a new stake in BlackRock MuniAssets Fund in the fourth quarter worth about $49,000. Wolverine Asset Management LLC bought a new stake in shares of BlackRock MuniAssets Fund in the 4th quarter worth approximately $60,000. River Street Advisors LLC purchased a new stake in shares of BlackRock MuniAssets Fund in the 4th quarter worth approximately $119,000. Finward Bancorp bought a new position in BlackRock MuniAssets Fund during the 4th quarter valued at approximately $172,000. Finally, Nomura Holdings Inc. bought a new position in BlackRock MuniAssets Fund during the 4th quarter valued at approximately $177,000. 20.38% of the stock is owned by institutional investors.
BlackRock MuniAssets Fund Trading Up 0.5%
Shares of NYSE:MUA opened at $10.40 on Tuesday. The stock has a fifty day simple moving average of $10.40 and a two-hundred day simple moving average of $11.03. BlackRock MuniAssets Fund, Inc. has a 12-month low of $9.60 and a 12-month high of $12.69.
BlackRock MuniAssets Fund Announces Dividend
The company also recently announced a monthly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Thursday, May 15th will be issued a $0.0555 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.67 annualized dividend and a yield of 6.40%.
BlackRock MuniAssets Fund Profile
(
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.
See Also
Want to see what other hedge funds are holding MUA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Free Report).
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