BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC reduced its position in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 130,783 shares of the company’s stock after selling 1,443 shares during the period. Riverbridge Partners LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,354,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Whitebox Advisors LLC acquired a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 2nd quarter worth approximately $1,266,000. Almitas Capital LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund in the second quarter worth approximately $464,000. B. Riley Wealth Advisors Inc. increased its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 44.2% in 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 in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 549,606 shares of the company’s stock valued at $6,134,000 after acquiring an additional 28,498 shares during the last quarter. Finally, Ackerman Capital Advisors LLC boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 12.3% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 153,597 shares of the company’s stock worth $1,714,000 after acquiring an additional 16,835 shares in the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.2 %

NYSE:DMB opened at $10.41 on Thursday. The stock has a fifty day simple moving average of $10.60 and a 200 day simple moving average of $10.78. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1-year low of $9.93 and a 1-year high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The firm also recently declared 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. This represents a $0.36 annualized dividend and a yield of 3.46%. The ex-dividend date is Tuesday, January 21st.

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.