BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Holdings Trimmed by Logan Stone Capital LLC

Logan Stone Capital LLC trimmed its holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 19.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 481,220 shares of the company’s stock after selling 119,281 shares during the quarter. BNY Mellon Municipal Bond Infrastructure Fund accounts for about 1.3% of Logan Stone Capital LLC’s portfolio, making the stock its 18th biggest holding. Logan Stone Capital LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $5,091,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Whitebox Advisors LLC acquired a new stake in BNY Mellon Municipal Bond Infrastructure Fund during the second quarter valued at approximately $1,266,000. Blue Bell Private Wealth Management LLC bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter worth $249,000. Matisse Capital grew its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 7.7% in the 2nd 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. Pine Valley Investments Ltd Liability Co raised its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 6.3% during the second quarter. Pine Valley Investments Ltd Liability Co now owns 33,905 shares of the company’s stock worth $360,000 after purchasing an additional 2,000 shares during the period. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the second quarter valued at $5,513,000.

BNY Mellon Municipal Bond Infrastructure Fund Trading Down 0.2 %

NYSE:DMB opened at $11.09 on Friday. The stock has a fifty day simple moving average of $10.89 and a 200 day simple moving average of $10.52. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1-year low of $8.94 and a 1-year high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Thursday, September 19th will be given a $0.03 dividend. The ex-dividend date is Thursday, September 19th. This represents a $0.36 annualized dividend and a dividend yield of 3.25%.

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.