BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) Shares Bought by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its stake in shares of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 30.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 141,159 shares of the investment management company’s stock after purchasing an additional 32,916 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in BNY Mellon Strategic Municipals were worth $919,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Rothschild Investment LLC acquired a new stake in BNY Mellon Strategic Municipals in the second quarter worth $245,000. Blue Bell Private Wealth Management LLC lifted its position in BNY Mellon Strategic Municipals by 228.2% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 56,455 shares of the investment management company’s stock valued at $346,000 after purchasing an additional 39,255 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its position in BNY Mellon Strategic Municipals by 8.2% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,465,468 shares of the investment management company’s stock valued at $8,969,000 after purchasing an additional 110,623 shares during the last quarter. Almitas Capital LLC bought a new position in BNY Mellon Strategic Municipals in the 2nd quarter worth about $351,000. Finally, Capital Investment Advisors LLC increased its stake in shares of BNY Mellon Strategic Municipals by 14.5% in the third quarter. Capital Investment Advisors LLC now owns 468,729 shares of the investment management company’s stock valued at $3,051,000 after purchasing an additional 59,316 shares during the period.

BNY Mellon Strategic Municipals Stock Down 0.5 %

LEO opened at $6.39 on Monday. BNY Mellon Strategic Municipals, Inc. has a twelve month low of $5.71 and a twelve month high of $6.64. The business’s 50 day moving average is $6.36 and its 200-day moving average is $6.28.

BNY Mellon Strategic Municipals Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th will be given a dividend of $0.019 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $0.23 dividend on an annualized basis and a yield of 3.57%.

BNY Mellon Strategic Municipals Company Profile

BNY Mellon Strategic Municipals, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal bonds, the income from which is exempt from federal income tax.