Blackrock Muniassets Fund, Inc. (NYSE:MUA) reached a new 52-week high during trading on Wednesday . The stock traded as high as $14.52 and last traded at $14.38, with a volume of 100 shares traded. The stock had previously closed at $14.37.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 15th will be issued a $0.0545 dividend. The ex-dividend date is Thursday, March 14th. This represents a $0.65 annualized dividend and a yield of 4.59%.

In other Blackrock Muniassets Fund news, insider Theodore R. Jaeckel, Jr. acquired 2,610 shares of Blackrock Muniassets Fund stock in a transaction that occurred on Monday, December 17th. The stock was bought at an average cost of $12.82 per share, for a total transaction of $33,460.20. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is currently owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the business. LPL Financial LLC lifted its position in shares of Blackrock Muniassets Fund by 6.0% during the 4th quarter. LPL Financial LLC now owns 25,686 shares of the investment management company’s stock valued at $331,000 after buying an additional 1,462 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Blackrock Muniassets Fund by 2.6% during the 4th quarter. Van ECK Associates Corp now owns 99,636 shares of the investment management company’s stock valued at $1,282,000 after buying an additional 2,528 shares in the last quarter. We Are One Seven LLC purchased a new position in shares of Blackrock Muniassets Fund during the 4th quarter valued at about $38,000. Janney Montgomery Scott LLC lifted its position in shares of Blackrock Muniassets Fund by 34.3% during the 3rd quarter. Janney Montgomery Scott LLC now owns 25,946 shares of the investment management company’s stock valued at $337,000 after buying an additional 6,630 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in shares of Blackrock Muniassets Fund during the 4th quarter valued at about $143,000. Institutional investors and hedge funds own 6.70% of the company’s stock.

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About Blackrock Muniassets Fund (NYSE:MUA)

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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