Atria Wealth Solutions Inc. Buys 37,719 Shares of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

Atria Wealth Solutions Inc. increased its stake in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 336.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 48,942 shares of the investment management company’s stock after purchasing an additional 37,719 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in BNY Mellon Strategic Municipals were worth $304,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. bought a new position in BNY Mellon Strategic Municipals during the fourth quarter worth about $41,000. Mercer Global Advisors Inc. ADV purchased a new stake in shares of BNY Mellon Strategic Municipals during the 1st quarter valued at approximately $69,000. Cetera Investment Advisers bought a new position in BNY Mellon Strategic Municipals in the 4th quarter worth approximately $69,000. Leo Brokerage LLC purchased a new position in BNY Mellon Strategic Municipals in the 1st quarter valued at approximately $84,000. Finally, B. Riley Wealth Advisors Inc. bought a new stake in BNY Mellon Strategic Municipals during the 3rd quarter valued at $95,000.

BNY Mellon Strategic Municipals Stock Up 0.9 %

BNY Mellon Strategic Municipals stock opened at $5.43 on Monday. BNY Mellon Strategic Municipals, Inc. has a one year low of $4.98 and a one year high of $6.66. The business has a fifty day moving average price of $5.36 and a 200-day moving average price of $5.80.

BNY Mellon Strategic Municipals Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Wednesday, November 15th will be issued a dividend of $0.019 per share. The ex-dividend date of this dividend is Tuesday, November 14th. This represents a $0.23 dividend on an annualized basis and a yield of 4.20%.

BNY Mellon Strategic Municipals Profile

BNY Mellon Strategic Municipals, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax.