Wolverine Asset Management LLC Has $879,000 Stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Wolverine Asset Management LLC grew its position in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 13.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 84,945 shares of the company’s stock after acquiring an additional 10,054 shares during the period. Wolverine Asset Management LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $879,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Avior Wealth Management LLC raised its stake in shares of 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 valued at $73,000 after acquiring an additional 1,131 shares in the last quarter. Whitebox Advisors LLC raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.2% in the 3rd quarter. Whitebox Advisors LLC now owns 125,910 shares of the company’s stock valued at $1,405,000 after acquiring an additional 6,269 shares in the last quarter. Van ECK Associates Corp raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.0% in the 4th quarter. Van ECK Associates Corp now owns 156,478 shares of the company’s stock valued at $1,620,000 after acquiring an additional 7,507 shares in the last quarter. Melfa Wealth Management Inc. raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 79.1% in 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 in the last quarter. Finally, Ackerman Capital Advisors LLC raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 12.3% in the 3rd quarter. Ackerman Capital Advisors LLC now owns 153,597 shares of the company’s stock valued at $1,714,000 after acquiring an additional 16,835 shares in the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of DMB stock opened at $10.77 on Friday. The stock’s 50 day simple moving average is $10.46 and its 200 day simple moving average is $10.76. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a twelve month low of $9.93 and a twelve month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Wednesday, February 19th will be paid a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.34%. The ex-dividend date of this dividend is Wednesday, February 19th.

BNY Mellon Municipal Bond Infrastructure Fund Company 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.