Pine Valley Investments Ltd Liability Co Has $326,000 Stock Position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Pine Valley Investments Ltd Liability Co lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMBFree Report) by 16.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,505 shares of the company’s stock after purchasing an additional 4,500 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $326,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Melfa Wealth Management LLC grew its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 34.7% during the fourth quarter. Melfa Wealth Management LLC now owns 19,456 shares of the company’s stock valued at $201,000 after buying an additional 5,016 shares during the last quarter. Stonebrook Private Inc. acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 4th quarter valued at about $616,000. B. Riley Wealth Advisors Inc. increased its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 36.0% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 17,660 shares of the company’s stock worth $176,000 after purchasing an additional 4,670 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 2.7% in the third quarter. Commonwealth Equity Services LLC now owns 42,724 shares of the company’s stock worth $424,000 after purchasing an additional 1,109 shares during the last quarter. Finally, Samalin Investment Counsel LLC lifted its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 34.3% in the third quarter. Samalin Investment Counsel LLC now owns 20,446 shares of the company’s stock valued at $203,000 after purchasing an additional 5,221 shares in the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 0.0 %

Shares of NYSE:DMB traded up $0.01 during mid-day trading on Tuesday, hitting $10.29. 320,253 shares of the company traded hands, compared to its average volume of 68,711. The stock has a 50-day moving average price of $10.19 and a two-hundred day moving average price of $10.16. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 12-month low of $8.94 and a 12-month high of $11.79.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 3rd. Investors of record on Friday, May 17th will be issued a dividend of $0.03 per share. The ex-dividend date is Thursday, May 16th. This represents a $0.36 dividend on an annualized basis and a yield of 3.50%.

About BNY Mellon Municipal Bond Infrastructure Fund

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for BNY Mellon Municipal Bond Infrastructure Fund (NYSE:DMB)

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