Whitebox Advisors LLC Grows Stock Position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Whitebox Advisors LLC boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 5.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 125,910 shares of the company’s stock after acquiring an additional 6,269 shares during the quarter. Whitebox Advisors LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Avior Wealth Management LLC raised its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 104.7% during the third quarter. Avior Wealth Management LLC now owns 5,878 shares of the company’s stock valued at $66,000 after acquiring an additional 3,007 shares during the last quarter. Rockefeller Capital Management L.P. purchased a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund during the third quarter valued at approximately $223,000. Blue Bell Private Wealth Management LLC bought a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund during the second quarter valued at approximately $249,000. B. Riley Wealth Advisors Inc. lifted its stake in BNY Mellon Municipal Bond Infrastructure Fund by 44.2% in the second quarter. B. Riley Wealth Advisors Inc. now owns 25,460 shares of the company’s stock worth $270,000 after acquiring an additional 7,800 shares during the period. Finally, HighTower Advisors LLC bought a new stake in BNY Mellon Municipal Bond Infrastructure Fund in the third quarter valued at $289,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.4 %

NYSE:DMB opened at $11.01 on Friday. The company has a 50-day moving average price of $10.89 and a 200-day moving average price of $10.76. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 12 month low of $9.88 and a 12 month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 18th will be given a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, December 18th. This represents a $0.36 annualized dividend and a yield of 3.27%.

About BNY Mellon Municipal Bond Infrastructure Fund

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.