BlackRock MuniAssets Fund, Inc. $MUA Shares Purchased by Robinson Capital Management LLC

Robinson Capital Management LLC grew its position in shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA) by 42.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 183,406 shares of the investment management company’s stock after purchasing an additional 54,283 shares during the quarter. BlackRock MuniAssets Fund accounts for 0.9% of Robinson Capital Management LLC’s portfolio, making the stock its 28th largest position. Robinson Capital Management LLC owned about 0.36% of BlackRock MuniAssets Fund worth $2,008,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of MUA. Bank of America Corp DE grew its holdings in BlackRock MuniAssets Fund by 18.3% during the third quarter. Bank of America Corp DE now owns 1,490,043 shares of the investment management company’s stock worth $16,539,000 after acquiring an additional 230,972 shares during the period. Rivernorth Capital Management LLC grew its stake in shares of BlackRock MuniAssets Fund by 177.9% in the 2nd quarter. Rivernorth Capital Management LLC now owns 868,104 shares of the investment management company’s stock worth $9,451,000 after purchasing an additional 555,694 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of BlackRock MuniAssets Fund by 4.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 504,492 shares of the investment management company’s stock worth $5,403,000 after purchasing an additional 23,151 shares in the last quarter. Van ECK Associates Corp raised its holdings in shares of BlackRock MuniAssets Fund by 27.0% in the 2nd quarter. Van ECK Associates Corp now owns 428,231 shares of the investment management company’s stock worth $4,715,000 after purchasing an additional 90,992 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its stake in BlackRock MuniAssets Fund by 77.8% during the fourth quarter. Advisors Asset Management Inc. now owns 384,686 shares of the investment management company’s stock valued at $4,120,000 after purchasing an additional 168,356 shares during the last quarter. 20.38% of the stock is currently owned by institutional investors and hedge funds.

BlackRock MuniAssets Fund Stock Performance

Shares of NYSE:MUA opened at $9.84 on Thursday. BlackRock MuniAssets Fund, Inc. has a 1-year low of $9.82 and a 1-year high of $11.79. The company has a 50 day moving average price of $10.33 and a 200 day moving average price of $10.58.

BlackRock MuniAssets Fund Company Profile

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.