Hennion & Walsh Asset Management Inc. Reduces Stock Holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Hennion & Walsh Asset Management Inc. cut its stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 0.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 411,118 shares of the company’s stock after selling 3,336 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $4,588,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC increased its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.5% in the third quarter. Allspring Global Investments Holdings LLC now owns 549,606 shares of the company’s stock valued at $6,134,000 after buying an additional 28,498 shares in the last quarter. Matisse Capital boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 7.7% in the second quarter. Matisse Capital now owns 371,400 shares of the company’s stock worth $3,929,000 after acquiring an additional 26,417 shares during the last quarter. Ackerman Capital Advisors LLC raised its stake in BNY Mellon Municipal Bond Infrastructure Fund by 0.9% in the 2nd quarter. Ackerman Capital Advisors LLC now owns 136,762 shares of the company’s stock valued at $1,447,000 after purchasing an additional 1,234 shares during the last quarter. Whitebox Advisors LLC purchased a new position in BNY Mellon Municipal Bond Infrastructure Fund in the 2nd quarter valued at $1,266,000. Finally, Almitas Capital LLC acquired a new stake in BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth $464,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Down 1.4 %

BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.74 on Thursday. The company has a fifty day simple moving average of $11.01 and a 200-day simple moving average of $10.62. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 52-week low of $8.94 and a 52-week high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 1st. Shareholders of record on Friday, October 18th will be issued a $0.03 dividend. The ex-dividend date of this dividend is Friday, October 18th. This represents a $0.36 dividend on an annualized basis and a yield of 3.35%.

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.