BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Stake Raised by Capital Investment Advisors LLC

Capital Investment Advisors LLC boosted its holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMBGet Rating) by 19.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 46,807 shares of the company’s stock after acquiring an additional 7,610 shares during the quarter. Capital Investment Advisors LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $609,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JFS Wealth Advisors LLC raised its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 0.6% during the 1st quarter. JFS Wealth Advisors LLC now owns 322,201 shares of the company’s stock worth $3,999,000 after buying an additional 1,929 shares during the period. Centaurus Financial Inc. raised its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 18.2% during the 1st quarter. Centaurus Financial Inc. now owns 13,000 shares of the company’s stock worth $161,000 after buying an additional 2,000 shares during the period. Ackerman Capital Advisors LLC raised its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 10.7% during the 1st quarter. Ackerman Capital Advisors LLC now owns 23,897 shares of the company’s stock worth $297,000 after buying an additional 2,309 shares during the period. Smith Moore & CO. raised its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 8.2% during the 1st quarter. Smith Moore & CO. now owns 66,806 shares of the company’s stock worth $829,000 after buying an additional 5,083 shares during the period. Finally, Landscape Capital Management L.L.C. raised its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 45.7% during the 1st quarter. Landscape Capital Management L.L.C. now owns 17,215 shares of the company’s stock worth $214,000 after buying an additional 5,400 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

NYSE DMB opened at $13.67 on Friday. The stock’s 50-day moving average price is $13.57 and its two-hundred day moving average price is $12.70. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1 year low of $10.94 and a 1 year high of $16.67.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Tuesday, September 20th will be issued a dividend of $0.053 per share. The ex-dividend date of this dividend is Monday, September 19th. This represents a $0.64 annualized dividend and a yield of 4.65%.

BNY Mellon Municipal Bond Infrastructure Fund Company Profile

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BNY Mellon Municipal Bond Infrastructure Fund, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc The fund invests in the fixed income markets of the United States. It primarily invests in the tax-exempt investment grade debt obligations issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies and instrumentalities, or multistate agencies or authorities, and certain other specified securities.

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Institutional Ownership by Quarter for BNY Mellon Municipal Bond Infrastructure Fund (NYSE:DMB)

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