Wolverine Asset Management LLC Takes $60,000 Position in BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Wolverine Asset Management LLC acquired a new stake in BlackRock MuniAssets Fund, Inc. (NYSE:MUA) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 5,409 shares of the investment management company’s stock, valued at approximately $60,000.

Other institutional investors also recently modified their holdings of the company. Sanctuary Advisors LLC boosted its stake in shares of BlackRock MuniAssets Fund by 13.7% in the 3rd 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 last quarter. Creative Planning bought a new stake in shares of BlackRock MuniAssets Fund in the 3rd quarter valued at $128,000. Pathway Financial Advisers LLC boosted its stake in shares of BlackRock MuniAssets Fund by 1,152.5% in the 3rd quarter. Pathway Financial Advisers LLC now owns 60,371 shares of the investment management company’s stock valued at $749,000 after purchasing an additional 55,551 shares during the last quarter. Van ECK Associates Corp boosted its stake in shares of BlackRock MuniAssets Fund by 8.3% in the 4th quarter. Van ECK Associates Corp now owns 173,978 shares of the investment management company’s stock valued at $1,921,000 after purchasing an additional 13,261 shares during the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in shares of BlackRock MuniAssets Fund in the 4th quarter valued at $33,000. 20.38% of the stock is owned by institutional investors.

BlackRock MuniAssets Fund Stock Down 0.7 %

NYSE:MUA opened at $11.10 on Tuesday. BlackRock MuniAssets Fund, Inc. has a 52 week low of $10.68 and a 52 week high of $12.69. The firm’s fifty day moving average is $11.08 and its 200-day moving average is $11.71.

BlackRock MuniAssets Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Friday, February 14th will be paid a dividend of $0.0555 per share. This represents a $0.67 annualized dividend and a yield of 6.00%. The ex-dividend date is Friday, February 14th.

About BlackRock MuniAssets Fund

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.