Avior Wealth Management LLC Increases Stock Position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Avior Wealth Management LLC raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 19.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,009 shares of the company’s stock after acquiring an additional 1,131 shares during the quarter. Avior Wealth Management LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $73,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. bought a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 3rd quarter valued at $223,000. Janney Montgomery Scott LLC bought a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 4th quarter valued at $237,000. B. Riley Wealth Advisors Inc. boosted its stake in BNY Mellon Municipal Bond Infrastructure Fund by 44.2% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 25,460 shares of the company’s stock valued at $270,000 after acquiring an additional 7,800 shares during the last quarter. HighTower Advisors LLC bought a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 3rd quarter valued at $289,000. Finally, Melfa Wealth Management Inc. boosted its stake in BNY Mellon Municipal Bond Infrastructure Fund by 79.1% during the 4th quarter. Melfa Wealth Management Inc. now owns 33,972 shares of the company’s stock valued at $352,000 after acquiring an additional 15,000 shares during the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Trading Down 0.1 %

NYSE DMB opened at $10.41 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 12 month low of $9.93 and a 12 month high of $11.27. The company’s fifty day moving average price is $10.57 and its two-hundred day moving average price is $10.77.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 3rd. Stockholders of record on Tuesday, January 21st will be given a $0.03 dividend. The ex-dividend date of this dividend is Tuesday, January 21st. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.46%.

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.