Dreyfus Strategic Muni. (LEO) Shares Bought by Creative Planning

Creative Planning grew its stake in Dreyfus Strategic Muni. (NYSE:LEO) by 14.4% during the first quarter, HoldingsChannel reports. The fund owned 12,413 shares of the investment management company’s stock after purchasing an additional 1,563 shares during the quarter. Creative Planning’s holdings in Dreyfus Strategic Muni. were worth $98,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of LEO. Robinson Capital Management LLC boosted its stake in shares of Dreyfus Strategic Muni. by 0.4% during the first quarter. Robinson Capital Management LLC now owns 1,382,513 shares of the investment management company’s stock valued at $10,908,000 after purchasing an additional 4,874 shares in the last quarter. Sit Investment Associates Inc. boosted its stake in shares of Dreyfus Strategic Muni. by 81.5% during the fourth quarter. Sit Investment Associates Inc. now owns 563,134 shares of the investment management company’s stock valued at $4,043,000 after purchasing an additional 252,840 shares in the last quarter. Capital Investment Advisors LLC boosted its stake in shares of Dreyfus Strategic Muni. by 16.3% during the first quarter. Capital Investment Advisors LLC now owns 320,145 shares of the investment management company’s stock valued at $2,526,000 after purchasing an additional 44,900 shares in the last quarter. Van ECK Associates Corp boosted its stake in shares of Dreyfus Strategic Muni. by 5.7% during the fourth quarter. Van ECK Associates Corp now owns 226,117 shares of the investment management company’s stock valued at $1,624,000 after purchasing an additional 12,229 shares in the last quarter. Finally, Morgan Stanley boosted its stake in shares of Dreyfus Strategic Muni. by 11.5% during the third quarter. Morgan Stanley now owns 206,857 shares of the investment management company’s stock valued at $1,551,000 after purchasing an additional 21,357 shares in the last quarter. Institutional investors and hedge funds own 14.82% of the company’s stock.

NYSE LEO opened at $8.16 on Thursday. Dreyfus Strategic Muni. has a 52-week low of $7.01 and a 52-week high of $8.27.



The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Tuesday, May 14th will be paid a dividend of $0.035 per share. The ex-dividend date is Monday, May 13th. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.15%.

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About Dreyfus Strategic Muni.

Dreyfus Strategic Municipals, Inc is a closed ended fixed income mutual fund launched and managed by The Dreyfus Corporation. 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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Want to see what other hedge funds are holding LEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dreyfus Strategic Muni. (NYSE:LEO).

Institutional Ownership by Quarter for Dreyfus Strategic Muni. (NYSE:LEO)

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