Van ECK Associates Corp lifted its stake in BNY Mellon Municipal Income, Inc. (NYSE:DMF – Get Rating) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 130,650 shares of the company’s stock after purchasing an additional 11,333 shares during the period. Van ECK Associates Corp owned about 0.63% of BNY Mellon Municipal Income worth $818,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Wolverine Asset Management LLC grew its holdings in shares of BNY Mellon Municipal Income by 4.9% in the third quarter. Wolverine Asset Management LLC now owns 147,030 shares of the company’s stock worth $883,000 after purchasing an additional 6,896 shares during the last quarter. Dakota Wealth Management bought a new position in shares of BNY Mellon Municipal Income in the fourth quarter worth about $582,000. Concord Wealth Partners bought a new position in BNY Mellon Municipal Income during the 4th quarter worth about $53,000. Matisse Capital grew its holdings in BNY Mellon Municipal Income by 140.9% during the 4th quarter. Matisse Capital now owns 37,322 shares of the company’s stock worth $234,000 after acquiring an additional 21,832 shares in the last quarter. Finally, Robinson Capital Management LLC grew its holdings in BNY Mellon Municipal Income by 24.7% during the 3rd quarter. Robinson Capital Management LLC now owns 540,642 shares of the company’s stock worth $3,249,000 after acquiring an additional 107,008 shares in the last quarter. 19.29% of the stock is currently owned by institutional investors.
BNY Mellon Municipal Income Trading Down 0.2 %
Shares of BNY Mellon Municipal Income stock opened at $6.29 on Monday. BNY Mellon Municipal Income, Inc. has a 1 year low of $5.75 and a 1 year high of $7.23. The firm’s 50-day moving average is $6.31 and its two-hundred day moving average is $6.34.
BNY Mellon Municipal Income Announces Dividend
BNY Mellon Municipal Income Profile
BNY Mellon Municipal Income, Inc engages in the provision of access to equity, fixed income and money market mutual funds, separately managed accounts, retirement and cash management strategies, and asset allocation solutions. The company was founded in 1947 and is headquartered in New York, NY.
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