BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Position Cut by LPL Financial LLC

LPL Financial LLC lowered its position in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 18.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 127,457 shares of the company’s stock after selling 28,954 shares during the period. LPL Financial LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,319,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Avior Wealth Management LLC boosted its position in BNY Mellon Municipal Bond Infrastructure Fund by 19.2% during the 4th quarter. Avior Wealth Management LLC now owns 7,009 shares of the company’s stock worth $73,000 after acquiring an additional 1,131 shares during the period. Samalin Investment Counsel LLC boosted its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 9.9% during the fourth quarter. Samalin Investment Counsel LLC now owns 47,203 shares of the company’s stock worth $489,000 after purchasing an additional 4,250 shares during the period. HighTower Advisors LLC grew its position in BNY Mellon Municipal Bond Infrastructure Fund by 19.3% during the fourth quarter. HighTower Advisors LLC now owns 30,994 shares of the company’s stock valued at $321,000 after purchasing an additional 5,023 shares in the last quarter. Van ECK Associates Corp increased its stake in BNY Mellon Municipal Bond Infrastructure Fund by 5.0% in the 4th quarter. Van ECK Associates Corp now owns 156,478 shares of the company’s stock valued at $1,620,000 after buying an additional 7,507 shares during the period. Finally, Ackerman Capital Advisors LLC lifted its position in BNY Mellon Municipal Bond Infrastructure Fund by 5.4% in the 4th quarter. Ackerman Capital Advisors LLC now owns 161,892 shares of the company’s stock worth $1,676,000 after buying an additional 8,295 shares in the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.4 %

Shares of BNY Mellon Municipal Bond Infrastructure Fund stock opened at $9.91 on Friday. The stock has a 50-day simple moving average of $10.50 and a 200-day simple moving average of $10.62. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 52-week low of $9.58 and a 52-week high of $11.28.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 1st. Shareholders of record on Wednesday, April 16th will be given a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date of this dividend is Wednesday, April 16th.

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.