Guggenheim Capital LLC Purchases 48,336 Shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Guggenheim Capital LLC raised its position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Free Report) by 4.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 1,146,514 shares of the investment management company's stock after buying an additional 48,336 shares during the period. Guggenheim Capital LLC owned about 2.97% of BlackRock MuniAssets Fund worth $12,658,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its holdings in BlackRock MuniAssets Fund by 13.7% in the third quarter. Sanctuary Advisors LLC now owns 17,869 shares of the investment management company's stock valued at $215,000 after acquiring an additional 2,150 shares during the last quarter. ST Germain D J Co. Inc. bought a new stake in shares of BlackRock MuniAssets Fund during the fourth quarter worth approximately $33,000. River Street Advisors LLC acquired a new position in BlackRock MuniAssets Fund in the fourth quarter valued at approximately $119,000. Van ECK Associates Corp boosted its stake in BlackRock MuniAssets Fund by 8.3% in the fourth quarter. Van ECK Associates Corp now owns 173,978 shares of the investment management company's stock valued at $1,921,000 after acquiring an additional 13,261 shares during the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in BlackRock MuniAssets Fund during the 4th quarter worth $60,000. 20.38% of the stock is owned by institutional investors and hedge funds.

BlackRock MuniAssets Fund Stock Performance

Shares of MUA stock traded down $0.08 during trading hours on Monday, reaching $9.97. The company had a trading volume of 44,848 shares, compared to its average volume of 100,111. BlackRock MuniAssets Fund, Inc. has a 1-year low of $9.60 and a 1-year high of $12.69. The company has a 50 day moving average of $10.72 and a 200 day moving average of $11.31.

BlackRock MuniAssets Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Tuesday, April 15th will be issued a dividend of $0.0555 per share. This represents a $0.67 dividend on an annualized basis and a yield of 6.68%. The ex-dividend date is Tuesday, April 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.