BNY Mellon Municipal Bond Infrastructure Fund, Inc. $DMB Shares Bought by LPL Financial LLC

LPL Financial LLC lifted its holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 3.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,351 shares of the company’s stock after purchasing an additional 3,894 shares during the period. LPL Financial LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,388,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in DMB. Elequin Capital LP acquired a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 4th quarter worth approximately $25,000. Avior Wealth Management LLC grew its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 53.2% in the 1st quarter. Avior Wealth Management LLC now owns 10,735 shares of the company’s stock worth $113,000 after purchasing an additional 3,726 shares during the last quarter. Two Sigma Securities LLC acquired a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 4th quarter worth approximately $132,000. Nomura Holdings Inc. grew its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 143.6% in the 4th quarter. Nomura Holdings Inc. now owns 27,900 shares of the company’s stock worth $289,000 after purchasing an additional 16,448 shares during the last quarter. Finally, Invesco Ltd. acquired a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 4th quarter worth approximately $592,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.8%

Shares of DMB opened at $9.9810 on Friday. The firm’s 50 day moving average is $10.06 and its 200-day moving average is $10.24. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 12-month low of $9.58 and a 12-month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, September 2nd. Stockholders of record on Monday, August 18th will be given a $0.038 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, August 18th.

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.