Rep. Kevin Hern Sells Off Shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA)

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of BlackRock MuniAssets Fund, Inc. (NYSE:MUA). In a filing disclosed on April 03rd, the Representative disclosed that they had sold between $50,001 and $100,000 in BlackRock MuniAssets Fund stock on March 17th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Exact Sciences (NASDAQ:EXAS) on 3/24/2026.
  • Sold $50,001 – $100,000 in shares of Prologis (NYSE:PLD) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of T. Rowe Price Group (NASDAQ:TROW) on 3/20/2026.
  • Sold $15,001 – $50,000 in shares of Medtronic (NYSE:MDT) on 3/20/2026.
  • Sold $500,001 – $1,000,000 in shares of Texas Instruments (NASDAQ:TXN) on 3/18/2026.
  • Sold $500,001 – $1,000,000 in shares of Smartstop Self Storage REIT (NYSE:SMA) on 3/18/2026.
  • Sold $15,001 – $50,000 in shares of Cognizant Technology Solutions (NASDAQ:CTSH) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Invesco (NYSE:IVZ) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Becton, Dickinson and Company (NYSE:BDX) on 3/17/2026.
  • Sold $15,001 – $50,000 in shares of Comcast (NASDAQ:CMCSA) on 3/17/2026.

BlackRock MuniAssets Fund Stock Down 0.2%

Shares of NYSE MUA opened at $10.54 on Tuesday. The business has a 50-day moving average of $10.89 and a two-hundred day moving average of $10.86. BlackRock MuniAssets Fund, Inc. has a 1 year low of $9.60 and a 1 year high of $11.79.

BlackRock MuniAssets Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be issued a dividend of $0.0555 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Trading of BlackRock MuniAssets Fund

A number of institutional investors have recently bought and sold shares of the business. Royal Bank of Canada increased its position in shares of BlackRock MuniAssets Fund by 21.6% during the first quarter. Royal Bank of Canada now owns 102,310 shares of the investment management company’s stock worth $1,108,000 after purchasing an additional 18,157 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of BlackRock MuniAssets Fund by 212.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,003 shares of the investment management company’s stock worth $73,000 after purchasing an additional 4,761 shares in the last quarter. NewEdge Advisors LLC increased its position in shares of BlackRock MuniAssets Fund by 2.5% during the second quarter. NewEdge Advisors LLC now owns 50,328 shares of the investment management company’s stock worth $523,000 after purchasing an additional 1,217 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of BlackRock MuniAssets Fund during the second quarter worth about $193,000. Finally, Bank of America Corp DE increased its position in shares of BlackRock MuniAssets Fund by 1.6% during the second quarter. Bank of America Corp DE now owns 1,259,071 shares of the investment management company’s stock worth $13,094,000 after purchasing an additional 20,381 shares in the last quarter. 20.38% of the stock is owned by hedge funds and other institutional investors.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About BlackRock MuniAssets Fund

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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.

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