Avior Wealth Management LLC Reduces Stock Position in BNY Mellon Municipal Income, Inc. (NYSE:DMF)

Avior Wealth Management LLC lowered its holdings in shares of BNY Mellon Municipal Income, Inc. (NYSE:DMF) by 28.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 5,295 shares of the company’s stock after selling 2,055 shares during the quarter. Avior Wealth Management LLC’s holdings in BNY Mellon Municipal Income were worth $38,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of DMF. XTX Topco Ltd bought a new stake in BNY Mellon Municipal Income during the 2nd quarter valued at $73,000. Sanctuary Advisors LLC bought a new stake in BNY Mellon Municipal Income during the 2nd quarter valued at $219,000. Dakota Wealth Management raised its position in BNY Mellon Municipal Income by 18.4% during the 3rd quarter. Dakota Wealth Management now owns 90,026 shares of the company’s stock valued at $658,000 after purchasing an additional 14,000 shares in the last quarter. Finally, Rivernorth Capital Management LLC raised its position in BNY Mellon Municipal Income by 73.8% during the 3rd quarter. Rivernorth Capital Management LLC now owns 2,137,637 shares of the company’s stock valued at $15,626,000 after purchasing an additional 907,457 shares in the last quarter.

BNY Mellon Municipal Income Price Performance

Shares of NYSE DMF opened at $7.12 on Thursday. The business has a fifty day simple moving average of $7.19 and a two-hundred day simple moving average of $7.25. BNY Mellon Municipal Income, Inc. has a twelve month low of $6.49 and a twelve month high of $7.52.

BNY Mellon Municipal Income Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.019 per share. This represents a $0.23 dividend on an annualized basis and a yield of 3.20%. The ex-dividend date of this dividend is Wednesday, January 15th.

About BNY Mellon Municipal Income

BNY Mellon Municipal Income, 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 municipal obligations that are rated investment grade and have maturities of less than one year.