BlackRock (BSET holder) discloses 1.9% passive stake in Bassett Furniture

BlackRock, Inc. has filed an amended Schedule 13G, reporting a passive ownership of 1.9% in Bassett Furniture Industries Inc., which amounts to 160,432 shares. BlackRock asserts sole voting and dispositive power over these shares, held for various clients, with no single client holding more than five percent of Bassett's outstanding common shares. This filing indicates that the stake is for investment purposes and not intended to influence control of the issuer.