Janney Montgomery Scott LLC Has $337,000 Position in Blackrock Muniassets Fund, Inc. (MUA)

Janney Montgomery Scott LLC grew its stake in shares of Blackrock Muniassets Fund, Inc. (NYSE:MUA) by 34.3% in the third quarter, Holdings Channel reports. The fund owned 25,946 shares of the investment management company’s stock after buying an additional 6,630 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Blackrock Muniassets Fund were worth $337,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James & Associates increased its stake in shares of Blackrock Muniassets Fund by 2.2% during the 2nd quarter. Raymond James & Associates now owns 246,669 shares of the investment management company’s stock valued at $3,263,000 after acquiring an additional 5,419 shares during the last quarter. Wolverine Asset Management LLC increased its stake in shares of Blackrock Muniassets Fund by 50.2% during the 2nd quarter. Wolverine Asset Management LLC now owns 121,311 shares of the investment management company’s stock valued at $1,604,000 after acquiring an additional 40,551 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of Blackrock Muniassets Fund by 52.7% during the 2nd quarter. Van ECK Associates Corp now owns 89,149 shares of the investment management company’s stock valued at $1,179,000 after acquiring an additional 30,783 shares during the last quarter. Oarsman Capital Inc. increased its stake in shares of Blackrock Muniassets Fund by 4.9% during the 2nd quarter. Oarsman Capital Inc. now owns 87,957 shares of the investment management company’s stock valued at $1,164,000 after acquiring an additional 4,100 shares during the last quarter. Finally, Bank of Montreal Can increased its stake in shares of Blackrock Muniassets Fund by 760.5% during the 2nd quarter. Bank of Montreal Can now owns 11,315 shares of the investment management company’s stock valued at $149,000 after acquiring an additional 10,000 shares during the last quarter. 6.95% of the stock is owned by institutional investors.

NYSE MUA opened at $12.91 on Monday. Blackrock Muniassets Fund, Inc. has a 12 month low of $12.50 and a 12 month high of $15.45.

The business also recently disclosed a monthly dividend, which will be paid on Monday, December 3rd. Stockholders of record on Thursday, November 15th will be paid a dividend of $0.0545 per share. This represents a $0.65 dividend on an annualized basis and a dividend yield of 5.07%. The ex-dividend date of this dividend is Wednesday, November 14th.

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Blackrock Muniassets Fund Company Profile

There is no company description available for BlackRock MuniAssets Fund.

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Want to see what other hedge funds are holding MUA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blackrock Muniassets Fund, Inc. (NYSE:MUA).

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

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