BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Acquired by Avior Wealth Management LLC

Avior Wealth Management LLC increased its position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 19.2% during the fourth quarter, Holdings Channel reports. The fund owned 7,009 shares of the company’s stock after purchasing an additional 1,131 shares during the quarter. Avior Wealth Management LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $73,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Rockefeller Capital Management L.P. acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 3rd quarter valued at about $223,000. Janney Montgomery Scott LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 4th quarter valued at about $237,000. B. Riley Wealth Advisors Inc. increased its stake in BNY Mellon Municipal Bond Infrastructure Fund by 44.2% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 25,460 shares of the company’s stock valued at $270,000 after buying an additional 7,800 shares during the period. HighTower Advisors LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 3rd quarter valued at about $289,000. Finally, Melfa Wealth Management Inc. increased its stake in BNY Mellon Municipal Bond Infrastructure Fund by 79.1% during the 4th quarter. Melfa Wealth Management Inc. now owns 33,972 shares of the company’s stock valued at $352,000 after buying an additional 15,000 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.41 on Thursday. The company’s 50-day moving average price is $10.57 and its two-hundred day moving average price is $10.77. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 52 week low of $9.93 and a 52 week high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, February 3rd. Shareholders of record on Tuesday, January 21st will be paid a dividend of $0.03 per share. The ex-dividend date of this dividend is Tuesday, January 21st. This represents a $0.36 annualized dividend and a yield of 3.46%.

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.