Almitas Capital LLC Invests $464,000 in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Almitas Capital LLC purchased a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 43,847 shares of the company’s stock, valued at approximately $464,000.

Several other large investors also recently made changes to their positions in DMB. Nomura Holdings Inc. bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 4th quarter worth about $167,000. Hennion & Walsh Asset Management Inc. boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 10.2% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 417,627 shares of the company’s stock worth $4,339,000 after acquiring an additional 38,540 shares in the last quarter. Matisse Capital boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 146.4% during the 1st quarter. Matisse Capital now owns 344,983 shares of the company’s stock worth $3,584,000 after acquiring an additional 204,983 shares in the last quarter. Ackerman Capital Advisors LLC boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 0.9% during the 2nd quarter. Ackerman Capital Advisors LLC now owns 136,762 shares of the company’s stock worth $1,447,000 after acquiring an additional 1,234 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth about $5,513,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Performance

Shares of NYSE:DMB opened at $11.12 on Friday. The business has a 50 day moving average price of $10.90 and a 200 day moving average price of $10.52. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a twelve month low of $8.94 and a twelve month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Thursday, September 19th will be paid a dividend of $0.03 per share. The ex-dividend date is Thursday, September 19th. This represents a $0.36 annualized dividend and a yield of 3.24%.

BNY Mellon Municipal Bond Infrastructure Fund Company 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.