B. Riley Wealth Advisors Inc. Takes $140,000 Position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

B. Riley Wealth Advisors Inc. purchased a new stake in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMBFree Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 12,990 shares of the company’s stock, valued at approximately $140,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Commonwealth Equity Services LLC increased its stake in BNY Mellon Municipal Bond Infrastructure Fund by 2.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 57,503 shares of the company’s stock worth $657,000 after buying an additional 1,362 shares during the period. Centaurus Financial Inc. increased its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 18.2% during the first quarter. Centaurus Financial Inc. now owns 13,000 shares of the company’s stock worth $161,000 after acquiring an additional 2,000 shares during the period. Captrust Financial Advisors purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the second quarter worth $33,000. LPL Financial LLC increased its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 3.8% during the first quarter. LPL Financial LLC now owns 115,230 shares of the company’s stock worth $1,336,000 after acquiring an additional 4,176 shares during the period. Finally, JPMorgan Chase & Co. purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund during the fourth quarter worth $46,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 1.2 %

BNY Mellon Municipal Bond Infrastructure Fund stock opened at $9.37 on Wednesday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a twelve month low of $9.21 and a twelve month high of $11.79. The stock’s fifty day simple moving average is $10.18 and its 200-day simple moving average is $10.67.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, November 1st. Stockholders of record on Thursday, October 19th will be given a dividend of $0.04 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend is Wednesday, October 18th.

BNY Mellon Municipal Bond Infrastructure Fund Profile

(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.

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

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