BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC boosted its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 5.5% in the third quarter, HoldingsChannel reports. The firm owned 549,606 shares of the company’s stock after buying an additional 28,498 shares during the period. Allspring Global Investments Holdings LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $6,134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. B. Riley Wealth Advisors Inc. boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 44.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 25,460 shares of the company’s stock worth $270,000 after buying an additional 7,800 shares during the last quarter. Almitas Capital LLC purchased a new position in BNY Mellon Municipal Bond Infrastructure Fund during the second quarter valued at approximately $464,000. Whitebox Advisors LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund in the second quarter valued at approximately $1,266,000. Blue Bell Private Wealth Management LLC purchased a new stake in BNY Mellon Municipal Bond Infrastructure Fund in the 2nd quarter worth approximately $249,000. Finally, Matisse Capital increased its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 7.7% during the 2nd quarter. Matisse Capital now owns 371,400 shares of the company’s stock valued at $3,929,000 after purchasing an additional 26,417 shares in the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of NYSE DMB opened at $10.68 on Monday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1 year low of $8.94 and a 1 year high of $11.27. The company’s fifty day moving average price is $11.00 and its 200 day moving average price is $10.63.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, November 1st. Stockholders of record on Friday, October 18th will be given a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Friday, October 18th.

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.