Rep. Kevin Hern Sells Off Shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Key Points

• Representative Kevin Hern sold between $50,001 and $100,000 of BlackRock MuniAssets Fund, Inc. (NYSE:MUA) stock on March 17 in his "HERN FAMILY REVOCABLE TRUST" account.
• Hern reported multiple other disposals around the same period, including two large sales of between $500,001 and $1,000,000 each in Texas Instruments and SmartStop Self Storage REIT on March 18.
• BlackRock MuniAssets Fund announced a monthly dividend of $0.0555 (annualized yield ~6.3%) with an ex-dividend date of June 15 and payment on July 1; the fund has traded between $9.60 and $11.79 over the past 52 weeks.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of BlackRock MuniAssets Fund, Inc. NYSE: MUA. In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $50,001 and $100,000 in BlackRock MuniAssets Fund stock on March 17th. The trade occurred in the Representative's "HERN FAMILY REVOCABLE TRUST" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Exact Sciences NASDAQ: EXAS on 3/24/2026.
• Sold $50,001 - $100,000 in shares of Prologis NYSE: PLD on 3/20/2026.
• Sold $15,001 - $50,000 in shares of T. Rowe Price Group NASDAQ: TROW on 3/20/2026.
• Sold $15,001 - $50,000 in shares of Medtronic NYSE: MDT on 3/20/2026.
• Sold $500,001 - $1,000,000 in shares of Texas Instruments NASDAQ: TXN on 3/18/2026.
• Sold $500,001 - $1,000,000 in shares of Smartstop Self Storage REIT NYSE: SMA on 3/18/2026.
• Sold $15,001 - $50,000 in shares of Cognizant Technology Solutions NASDAQ: CTSH on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Invesco NYSE: IVZ on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Becton, Dickinson and Company NYSE: BDX on 3/17/2026.
• Sold $15,001 - $50,000 in shares of Comcast NASDAQ: CMCSA on 3/17/2026.

BlackRock MuniAssets Fund Stock Performance

Shares of BlackRock MuniAssets Fund stock opened at $10.54 on Tuesday. BlackRock MuniAssets Fund, Inc. has a fifty-two week low of $9.60 and a fifty-two week high of $11.79. The company's 50 day moving average price is $10.89 and its two-hundred day moving average price is $10.86.

BlackRock MuniAssets Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be given a $0.0555 dividend. The ex-dividend date is Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 6.3%.

Institutional Trading of BlackRock MuniAssets Fund

A number of hedge funds have recently added to or reduced their stakes in MUA. Kestra Advisory Services LLC acquired a new stake in BlackRock MuniAssets Fund in the fourth quarter valued at approximately $50,000. Bernard Wealth Management Corp. boosted its position in BlackRock MuniAssets Fund by 82.8% in the third quarter. Bernard Wealth Management Corp. now owns 5,300 shares of the investment management company's stock valued at $59,000 after buying an additional 2,400 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of BlackRock MuniAssets Fund by 212.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,003 shares of the investment management company's stock valued at $73,000 after acquiring an additional 4,761 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of BlackRock MuniAssets Fund during the third quarter valued at $75,000. Finally, Nomura Holdings Inc. bought a new position in shares of BlackRock MuniAssets Fund during the second quarter valued at $104,000. Institutional investors and hedge funds own 20.38% of the company's stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About BlackRock MuniAssets Fund

BlackRock MuniAssets Fund, Inc NYSE: MUA is a closed-end management investment company that seeks to provide current income exempt from federal income tax. Managed by BlackRock, one of the world's leading investment managers, the fund primarily invests in a diversified portfolio of investment-grade municipal debt obligations. Its holdings typically include general obligation and revenue bonds issued by state and local governments, utilities, and infrastructure entities across the United States.

The fund employs a combination of active security selection and duration management to navigate changing interest rate and credit environments.

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