Almitas Capital LLC Makes New Investment in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Almitas Capital LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 43,847 shares of the company’s stock, valued at approximately $464,000.

A number of other hedge funds also recently modified their holdings of DMB. Nomura Holdings Inc. bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 4th quarter worth approximately $167,000. Blue Bell Private Wealth Management LLC bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 2nd quarter worth approximately $249,000. Pine Valley Investments Ltd Liability Co lifted its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 6.3% in the 2nd quarter. Pine Valley Investments Ltd Liability Co now owns 33,905 shares of the company’s stock worth $360,000 after acquiring an additional 2,000 shares during the period. Whitebox Advisors LLC bought a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the 2nd quarter worth approximately $1,266,000. Finally, Ackerman Capital Advisors LLC lifted its position in shares of 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 worth $1,447,000 after acquiring an additional 1,234 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.3 %

Shares of DMB stock opened at $11.12 on Friday. The stock has a 50 day moving average of $10.90 and a two-hundred day moving average of $10.52. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 12 month low of $8.94 and a 12 month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Thursday, September 19th will be issued a $0.03 dividend. The ex-dividend date is Thursday, September 19th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.24%.

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.