Raymond James & Associates lowered its stake in shares of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Free Report) by 3.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,449 shares of the investment management company’s stock after selling 6,332 shares during the quarter. Raymond James & Associates’ holdings in BNY Mellon Strategic Municipals were worth $1,017,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Goodwin Daniel L boosted its holdings in shares of BNY Mellon Strategic Municipals by 4.8% in the 2nd quarter. Goodwin Daniel L now owns 109,127 shares of the investment management company’s stock valued at $679,000 after buying an additional 5,000 shares in the last quarter. Ackerman Capital Advisors LLC purchased a new position in BNY Mellon Strategic Municipals in the second quarter worth $304,000. Melfa Wealth Management LLC increased its position in shares of BNY Mellon Strategic Municipals by 35.5% during the second quarter. Melfa Wealth Management LLC now owns 51,710 shares of the investment management company’s stock worth $322,000 after purchasing an additional 13,548 shares in the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of BNY Mellon Strategic Municipals by 7.1% during the 2nd quarter. Capital Investment Advisors LLC now owns 355,950 shares of the investment management company’s stock valued at $2,214,000 after purchasing an additional 23,489 shares during the last quarter. Finally, Centaurus Financial Inc. boosted its position in shares of BNY Mellon Strategic Municipals by 2.3% in the 1st quarter. Centaurus Financial Inc. now owns 190,615 shares of the investment management company’s stock worth $1,189,000 after purchasing an additional 4,340 shares in the last quarter.
BNY Mellon Strategic Municipals Trading Up 1.7 %
BNY Mellon Strategic Municipals stock opened at $5.34 on Friday. The stock has a 50-day moving average of $5.39 and a two-hundred day moving average of $5.83. BNY Mellon Strategic Municipals, Inc. has a one year low of $4.98 and a one year high of $6.66.
BNY Mellon Strategic Municipals Dividend Announcement
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.
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