BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Acquired by Ackerman Capital Advisors LLC

Ackerman Capital Advisors LLC increased its position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 2.5% in the first quarter, Holdings Channel reports. The firm owned 165,932 shares of the company’s stock after purchasing an additional 4,040 shares during the quarter. Ackerman Capital Advisors LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,754,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. ProVise Management Group LLC lifted its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 3.3% in the first quarter. ProVise Management Group LLC now owns 46,276 shares of the company’s stock worth $489,000 after acquiring an additional 1,475 shares during the last quarter. Elequin Capital LP bought a new position in BNY Mellon Municipal Bond Infrastructure Fund in the fourth quarter worth about $25,000. Avior Wealth Management LLC lifted its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 53.2% in the first quarter. Avior Wealth Management LLC now owns 10,735 shares of the company’s stock worth $113,000 after acquiring an additional 3,726 shares during the last quarter. LPL Financial LLC raised its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 3.1% during the first quarter. LPL Financial LLC now owns 131,351 shares of the company’s stock valued at $1,388,000 after buying an additional 3,894 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 11.7% during the fourth quarter. Bank of America Corp DE now owns 63,528 shares of the company’s stock valued at $658,000 after buying an additional 6,650 shares during the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.4%

DMB opened at $10.02 on Monday. The business’s 50 day moving average is $10.05 and its 200-day moving average is $10.28. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a twelve month low of $9.58 and a twelve month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, August 1st. Stockholders of record on Thursday, July 17th were issued a dividend of $0.038 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Thursday, July 17th.

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.