Ackerman Capital Advisors LLC Has $1.68 Million Holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Ackerman Capital Advisors LLC boosted its position in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 5.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 161,892 shares of the company’s stock after buying an additional 8,295 shares during the period. Ackerman Capital Advisors LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,676,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of DMB. Avior Wealth Management LLC lifted its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 19.2% during the 4th quarter. Avior Wealth Management LLC now owns 7,009 shares of the company’s stock worth $73,000 after acquiring an additional 1,131 shares during the period. Whitebox Advisors LLC raised its position in BNY Mellon Municipal Bond Infrastructure Fund by 5.2% during the third quarter. Whitebox Advisors LLC now owns 125,910 shares of the company’s stock valued at $1,405,000 after purchasing an additional 6,269 shares in the last quarter. Van ECK Associates Corp lifted its stake in BNY Mellon Municipal Bond Infrastructure Fund by 5.0% during the fourth quarter. Van ECK Associates Corp now owns 156,478 shares of the company’s stock worth $1,620,000 after purchasing an additional 7,507 shares during the last quarter. Wolverine Asset Management LLC boosted its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 13.4% in the 4th quarter. Wolverine Asset Management LLC now owns 84,945 shares of the company’s stock valued at $879,000 after purchasing an additional 10,054 shares in the last quarter. Finally, Melfa Wealth Management Inc. increased its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 79.1% in the 4th quarter. Melfa Wealth Management Inc. now owns 33,972 shares of the company’s stock valued at $352,000 after purchasing an additional 15,000 shares during the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.84 on Wednesday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 52 week low of $9.93 and a 52 week high of $11.27. The stock has a fifty day moving average of $10.47 and a 200-day moving average of $10.76.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a yield of 3.32%. The ex-dividend date is Wednesday, February 19th.

BNY Mellon Municipal Bond Infrastructure Fund Company 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.