US Bancorp DE Has $101,000 Position in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

US Bancorp DE lessened its position in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 14.3% during the third quarter, Holdings Channel reports. The institutional investor owned 15,587 shares of the investment management company’s stock after selling 2,601 shares during the quarter. US Bancorp DE’s holdings in BNY Mellon Strategic Municipals were worth $101,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Hennion & Walsh Asset Management Inc. raised its holdings in shares of BNY Mellon Strategic Municipals by 8.2% in the second 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. Capital Investment Advisors LLC boosted its stake in shares of BNY Mellon Strategic Municipals by 14.5% during the 3rd quarter. Capital Investment Advisors LLC now owns 468,729 shares of the investment management company’s stock worth $3,051,000 after buying an additional 59,316 shares during the last quarter. Almitas Capital LLC acquired a new stake in shares of BNY Mellon Strategic Municipals in the second quarter valued at about $351,000. Rothschild Investment LLC bought a new stake in BNY Mellon Strategic Municipals during the second quarter worth about $245,000. Finally, Blue Bell Private Wealth Management LLC boosted its position in BNY Mellon Strategic Municipals by 228.2% during the second 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.

BNY Mellon Strategic Municipals Stock Down 0.5 %

NYSE:LEO opened at $6.25 on Friday. BNY Mellon Strategic Municipals, Inc. has a twelve month low of $5.50 and a twelve month high of $6.64. The stock’s 50 day moving average price is $6.42 and its two-hundred day moving average price is $6.25.

BNY Mellon Strategic Municipals Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Monday, December 2nd. Shareholders of record on Friday, November 15th will be given a dividend of $0.019 per share. This represents a $0.23 annualized dividend and a yield of 3.65%. The ex-dividend date of this dividend is Friday, November 15th.

About BNY Mellon Strategic Municipals

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.