Capital Investment Advisors LLC Cuts Stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Capital Investment Advisors LLC reduced its stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 6.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,787 shares of the company’s stock after selling 2,500 shares during the period. Capital Investment Advisors LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $350,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of DMB. Avior Wealth Management LLC boosted its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 104.7% during the third quarter. Avior Wealth Management LLC now owns 5,878 shares of the company’s stock valued at $66,000 after buying an additional 3,007 shares during the last quarter. Rockefeller Capital Management L.P. purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the third quarter valued at $223,000. B. Riley Wealth Advisors Inc. boosted its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 44.2% during the second quarter. B. Riley Wealth Advisors Inc. now owns 25,460 shares of the company’s stock valued at $270,000 after buying an additional 7,800 shares during the last quarter. HighTower Advisors LLC purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the third quarter valued at $289,000. Finally, Almitas Capital LLC purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the second quarter valued at $464,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 1.8 %

BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.46 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a one year low of $9.93 and a one year high of $11.27. The business’s fifty day moving average is $10.63 and its 200 day moving average is $10.79.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Tuesday, January 21st will be given a dividend of $0.03 per share. The ex-dividend date is Tuesday, January 21st. This represents a $0.36 annualized dividend and a dividend yield of 3.44%.

About BNY Mellon Municipal Bond Infrastructure Fund

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.