Oarsman Capital Inc. Has $1.01 Million Stake in Blackrock Muniassets Fund, Inc. (MUA)

Oarsman Capital Inc. lifted its stake in shares of Blackrock Muniassets Fund, Inc. (NYSE:MUA) by 9.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 67,558 shares of the investment management company’s stock after acquiring an additional 6,050 shares during the period. Oarsman Capital Inc. owned 0.19% of Blackrock Muniassets Fund worth $1,011,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of MUA. Ameriprise Financial Inc. raised its holdings in shares of Blackrock Muniassets Fund by 10.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 29,939 shares of the investment management company’s stock worth $448,000 after acquiring an additional 2,737 shares during the period. Advisor Group Inc. raised its holdings in shares of Blackrock Muniassets Fund by 9.1% during the 2nd quarter. Advisor Group Inc. now owns 13,479 shares of the investment management company’s stock worth $202,000 after acquiring an additional 1,124 shares during the period. Royal Bank of Canada raised its holdings in shares of Blackrock Muniassets Fund by 1,429.6% during the 2nd quarter. Royal Bank of Canada now owns 39,159 shares of the investment management company’s stock worth $586,000 after acquiring an additional 36,599 shares during the period. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Blackrock Muniassets Fund by 9.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 46,410 shares of the investment management company’s stock worth $695,000 after acquiring an additional 4,017 shares during the period. Finally, Bank of the Ozarks purchased a new position in shares of Blackrock Muniassets Fund during the 3rd quarter worth $237,000. Institutional investors and hedge funds own 5.20% of the company’s stock.

Blackrock Muniassets Fund, Inc. (NYSE:MUA) opened at $13.73 on Thursday. Blackrock Muniassets Fund, Inc. has a fifty-two week low of $13.61 and a fifty-two week high of $15.84.

The business also recently declared a monthly dividend, which will be paid on Thursday, March 1st. Stockholders of record on Thursday, February 15th will be issued a dividend of $0.0545 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $0.65 annualized dividend and a dividend yield of 4.76%.

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About Blackrock Muniassets Fund

BlackRock MuniAssets Fund, Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is to provide high current income exempt from federal income taxes by investing primarily in a portfolio of medium- to lower-grade or unrated municipal obligations. The Fund seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its assets in municipal bonds exempt from federal income taxes.

Institutional Ownership by Quarter for Blackrock Muniassets Fund (NYSE:MUA)

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