Blue Bell Private Wealth Management LLC Purchases 15,785 Shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Blue Bell Private Wealth Management LLC increased its position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 38.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 56,332 shares of the company’s stock after buying an additional 15,785 shares during the period. Blue Bell Private Wealth Management LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $583,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Avior Wealth Management LLC boosted its holdings 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 buying an additional 1,131 shares during the period. Whitebox Advisors LLC boosted its holdings in 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 worth $1,405,000 after buying an additional 6,269 shares during the period. Van ECK Associates Corp boosted its holdings in 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 worth $1,620,000 after buying an additional 7,507 shares during the period. Ackerman Capital Advisors LLC boosted its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 5.4% in the 4th quarter. Ackerman Capital Advisors LLC now owns 161,892 shares of the company’s stock worth $1,676,000 after buying an additional 8,295 shares during the period. Finally, Wolverine Asset Management LLC boosted its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 13.4% in the 4th quarter. Wolverine Asset Management LLC now owns 84,945 shares of the company’s stock worth $879,000 after buying an additional 10,054 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.2 %

Shares of BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.72 on Friday. The company has a fifty day moving average of $10.53 and a 200 day moving average of $10.75. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a fifty-two week low of $9.93 and a fifty-two week high of $11.28.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th will be issued a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is 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.