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 0.8%

Shares of MUA traded down $0.09 on Tuesday, hitting $10.45. The company’s stock had a trading volume of 37,177 shares, compared to its average volume of 92,651. BlackRock MuniAssets Fund, Inc. has a fifty-two week low of $9.60 and a fifty-two week high of $11.79. The company has a 50 day moving average price of $10.89 and a 200 day moving average price of $10.86.

BlackRock MuniAssets Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be paid a $0.0555 dividend. This represents a c) annualized dividend and a dividend yield of 6.4%. The ex-dividend date is Monday, June 15th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Royal Bank of Canada lifted its stake in shares of BlackRock MuniAssets Fund by 21.6% in the 1st quarter. Royal Bank of Canada now owns 102,310 shares of the investment management company’s stock valued at $1,108,000 after purchasing an additional 18,157 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of BlackRock MuniAssets Fund by 212.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,003 shares of the investment management company’s stock valued at $73,000 after purchasing an additional 4,761 shares during the period. NewEdge Advisors LLC lifted its stake in shares of BlackRock MuniAssets Fund by 2.5% in the 2nd quarter. NewEdge Advisors LLC now owns 50,328 shares of the investment management company’s stock valued at $523,000 after purchasing an additional 1,217 shares during the period. Jane Street Group LLC acquired a new position in shares of BlackRock MuniAssets Fund in the 2nd quarter valued at $193,000. Finally, Bank of America Corp DE lifted its stake in shares of BlackRock MuniAssets Fund by 1.6% in the 2nd quarter. Bank of America Corp DE now owns 1,259,071 shares of the investment management company’s stock valued at $13,094,000 after purchasing an additional 20,381 shares during the period. 20.38% of the stock is owned by institutional investors and hedge funds.

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.

BlackRock MuniAssets Fund Company Profile

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.