Regatta Capital Group LLC Reduces Stock Holdings in BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Regatta Capital Group LLC lessened its holdings in shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 193,633 shares of the investment management company’s stock after selling 5,476 shares during the period. Regatta Capital Group LLC owned approximately 0.50% of BlackRock MuniAssets Fund worth $2,138,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC lifted 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 period. Creative Planning acquired a new position in shares of BlackRock MuniAssets Fund in the 3rd quarter valued at $128,000. Pathway Financial Advisers LLC boosted its holdings in BlackRock MuniAssets Fund by 1,152.5% during the third quarter. Pathway Financial Advisers LLC now owns 60,371 shares of the investment management company’s stock worth $749,000 after buying an additional 55,551 shares in the last quarter. ST Germain D J Co. Inc. acquired a new stake in BlackRock MuniAssets Fund during the fourth quarter valued at $33,000. Finally, CWM LLC grew its position in BlackRock MuniAssets Fund by 94.1% during the third quarter. CWM LLC now owns 5,415 shares of the investment management company’s stock valued at $67,000 after buying an additional 2,625 shares during the period. 20.38% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniAssets Fund Trading Up 0.3 %

Shares of BlackRock MuniAssets Fund stock opened at $10.98 on Friday. The firm has a 50-day simple moving average of $11.41 and a two-hundred day simple moving average of $11.79. BlackRock MuniAssets Fund, Inc. has a fifty-two week low of $10.68 and a fifty-two week high of $12.69.

BlackRock MuniAssets Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Wednesday, January 15th will be issued a $0.0555 dividend. This represents a $0.67 annualized dividend and a yield of 6.07%. The ex-dividend date of this dividend is Wednesday, January 15th.

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.