BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC grew its holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 19.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 30,994 shares of the company’s stock after buying an additional 5,023 shares during the period. HighTower Advisors LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $321,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Avior Wealth Management LLC boosted its stake in BNY Mellon Municipal Bond Infrastructure Fund by 19.2% in the 4th quarter. Avior Wealth Management LLC now owns 7,009 shares of the company’s stock worth $73,000 after purchasing an additional 1,131 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund in the third quarter worth $223,000. Janney Montgomery Scott LLC acquired a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the fourth quarter worth $237,000. Melfa Wealth Management Inc. grew its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 79.1% during the fourth quarter. Melfa Wealth Management Inc. now owns 33,972 shares of the company’s stock valued at $352,000 after buying an additional 15,000 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 38.9% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 56,332 shares of the company’s stock valued at $583,000 after acquiring an additional 15,785 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.9 %

Shares of DMB opened at $10.67 on Wednesday. The stock has a 50-day moving average of $10.63 and a two-hundred day moving average of $10.72. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a one year low of $9.93 and a one year high of $11.28.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th were issued a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend was Tuesday, March 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.