BNY Mellon Strategic Municipals, Inc. $LEO Stake Raised by Integrated Capital Management Inc.

Integrated Capital Management Inc. boosted its holdings in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 18.1% during the 2nd quarter, Holdings Channel.com reports. The fund owned 43,305 shares of the investment management company’s stock after purchasing an additional 6,630 shares during the quarter. Integrated Capital Management Inc.’s holdings in BNY Mellon Strategic Municipals were worth $256,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Landscape Capital Management L.L.C. raised its position in BNY Mellon Strategic Municipals by 15.7% in the first quarter. Landscape Capital Management L.L.C. now owns 24,174 shares of the investment management company’s stock worth $148,000 after acquiring an additional 3,275 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in BNY Mellon Strategic Municipals during the 1st quarter worth about $38,000. Envestnet Asset Management Inc. raised its holdings in BNY Mellon Strategic Municipals by 3.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 193,616 shares of the investment management company’s stock worth $1,185,000 after buying an additional 6,191 shares during the period. Riverbridge Partners LLC raised its holdings in BNY Mellon Strategic Municipals by 4.2% during the 2nd quarter. Riverbridge Partners LLC now owns 222,727 shares of the investment management company’s stock worth $1,319,000 after buying an additional 9,060 shares during the period. Finally, Confluence Wealth Services Inc. acquired a new stake in BNY Mellon Strategic Municipals during the 1st quarter worth about $72,000.

BNY Mellon Strategic Municipals Stock Performance

NYSE LEO opened at $6.27 on Monday. The stock’s 50-day moving average price is $6.06 and its two-hundred day moving average price is $5.93. BNY Mellon Strategic Municipals, Inc. has a 1 year low of $5.55 and a 1 year high of $6.53.

BNY Mellon Strategic Municipals Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 31st. Shareholders of record on Tuesday, October 14th will be issued a dividend of $0.023 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date is Tuesday, October 14th.

BNY Mellon Strategic Municipals 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.