BlackRock MuniAssets Fund, Inc. (NYSE:MUA - Get Free Report)'s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.83 and traded as low as $10.83. BlackRock MuniAssets Fund shares last traded at $10.88, with a volume of 93,503 shares changing hands.
BlackRock MuniAssets Fund Trading Down 1.9 %
The company's 50-day simple moving average is $11.65 and its 200-day simple moving average is $11.83.
BlackRock MuniAssets Fund Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Wednesday, January 15th will be paid a $0.0555 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.67 annualized dividend and a yield of 6.12%.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. ST Germain D J Co. Inc. bought a new stake in shares of BlackRock MuniAssets Fund in the fourth quarter valued at approximately $33,000. CWM LLC raised its holdings in BlackRock MuniAssets Fund by 94.1% in the 3rd quarter. CWM LLC now owns 5,415 shares of the investment management company's stock valued at $67,000 after acquiring an additional 2,625 shares in the last quarter. Creative Planning bought a new stake in shares of BlackRock MuniAssets Fund during the 3rd quarter valued at $128,000. PFG Investments LLC acquired a new stake in shares of BlackRock MuniAssets Fund during the 2nd quarter worth $157,000. Finally, Sanctuary Advisors LLC bought a new position in shares of BlackRock MuniAssets Fund in the second quarter worth $171,000. Institutional investors own 20.38% of the company's stock.
About BlackRock MuniAssets Fund
(
Get Free Report)
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.
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