Regatta Capital Group LLC Has $2.11 Million Holdings in BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Regatta Capital Group LLC lessened its position in BlackRock MuniAssets Fund, Inc. (NYSE:MUAFree Report) by 1.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 199,109 shares of the investment management company’s stock after selling 3,725 shares during the quarter. Regatta Capital Group LLC owned approximately 0.51% of BlackRock MuniAssets Fund worth $2,109,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in BlackRock MuniAssets Fund by 31.9% during the 1st quarter. Bank of America Corp DE now owns 875,901 shares of the investment management company’s stock worth $9,223,000 after acquiring an additional 211,641 shares during the period. Rivernorth Capital Management LLC boosted its holdings in shares of BlackRock MuniAssets Fund by 120.8% during the second quarter. Rivernorth Capital Management LLC now owns 658,204 shares of the investment management company’s stock worth $6,747,000 after purchasing an additional 360,133 shares during the period. Keybank National Association OH grew its position in BlackRock MuniAssets Fund by 3.1% during the third quarter. Keybank National Association OH now owns 654,273 shares of the investment management company’s stock valued at $5,888,000 after purchasing an additional 19,572 shares in the last quarter. Mariner LLC grew its position in BlackRock MuniAssets Fund by 36.5% during the third quarter. Mariner LLC now owns 431,045 shares of the investment management company’s stock valued at $3,879,000 after purchasing an additional 115,272 shares in the last quarter. Finally, Osaic Holdings Inc. increased its stake in BlackRock MuniAssets Fund by 8.9% in the 2nd quarter. Osaic Holdings Inc. now owns 320,524 shares of the investment management company’s stock valued at $3,262,000 after buying an additional 26,269 shares during the period. Institutional investors and hedge funds own 20.38% of the company’s stock.

BlackRock MuniAssets Fund Trading Down 0.4 %

MUA stock opened at $11.04 on Tuesday. The company has a 50 day moving average of $11.00 and a two-hundred day moving average of $10.25. BlackRock MuniAssets Fund, Inc. has a 12-month low of $8.61 and a 12-month high of $11.43.

BlackRock MuniAssets Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 1st. Investors of record on Friday, March 15th were issued a dividend of $0.0555 per share. This represents a $0.67 annualized dividend and a dividend yield of 6.03%. This is a positive change from BlackRock MuniAssets Fund’s previous monthly dividend of $0.00. The ex-dividend date of this dividend was Thursday, March 14th.

About BlackRock MuniAssets Fund

(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.

See Also

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Institutional Ownership by Quarter for BlackRock MuniAssets Fund (NYSE:MUA)

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