BlackRock MuniAssets Fund, Inc. (NYSE:MUA) Shares Purchased by Mariner LLC

Mariner LLC grew its holdings in BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Free Report) by 32.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,110,045 shares of the investment management company's stock after purchasing an additional 273,870 shares during the quarter. Mariner LLC owned about 2.87% of BlackRock MuniAssets Fund worth $12,255,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in MUA. ST Germain D J Co. Inc. acquired a new stake in shares of BlackRock MuniAssets Fund during the 4th quarter worth approximately $33,000. Wolverine Asset Management LLC acquired a new stake in shares of BlackRock MuniAssets Fund during the 4th quarter worth about $60,000. River Street Advisors LLC acquired a new stake in shares of BlackRock MuniAssets Fund during the fourth quarter valued at about $119,000. Sanctuary Advisors LLC raised its position 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 purchasing an additional 2,150 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in BlackRock MuniAssets Fund by 87.4% during the 4th quarter. Envestnet Asset Management Inc. now owns 19,344 shares of the investment management company's stock valued at $214,000 after acquiring 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 Price Performance

BlackRock MuniAssets Fund stock traded up $0.12 during mid-day trading on Wednesday, reaching $10.02. 54,219 shares of the company's stock were exchanged, compared to its average volume of 100,568. BlackRock MuniAssets Fund, Inc. has a twelve month low of $9.60 and a twelve month high of $12.69. The company has a fifty day moving average of $10.67 and a 200-day moving average of $11.28.

BlackRock MuniAssets Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, May 1st. Investors of record on Tuesday, April 15th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Tuesday, April 15th. This represents a $0.67 dividend on an annualized basis and a yield of 6.65%.

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.