Guggenheim Capital LLC Acquires 24,870 Shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Guggenheim Capital LLC increased its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 7.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 346,885 shares of the company’s stock after acquiring an additional 24,870 shares during the quarter. Guggenheim Capital LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $4,020,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Robinson Capital Management LLC raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 10.0% in the first quarter. Robinson Capital Management LLC now owns 264,353 shares of the company’s stock valued at $2,905,000 after buying an additional 23,948 shares during the period. Samalin Investment Counsel LLC bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the first quarter valued at $125,000. JPMorgan Chase & Co. bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the fourth quarter valued at $46,000. Captrust Financial Advisors bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the second quarter valued at $33,000. Finally, Van ECK Associates Corp raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 28.9% in the first quarter. Van ECK Associates Corp now owns 93,848 shares of the company’s stock valued at $1,088,000 after buying an additional 21,022 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

Shares of DMB opened at $10.50 on Monday. The stock’s fifty day moving average price is $10.96 and its two-hundred day moving average price is $10.94. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1 year low of $9.78 and a 1 year high of $13.94.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, September 1st. Stockholders of record on Thursday, August 17th will be given a $0.04 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.57%. The ex-dividend date is Wednesday, August 16th.

BNY Mellon Municipal Bond Infrastructure Fund Profile

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.