Pine Valley Investments Ltd Liability Co Reduces Stock Holdings in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Pine Valley Investments Ltd Liability Co reduced its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 32.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,295 shares of the company’s stock after selling 10,810 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $232,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC increased its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 56.3% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 858,941 shares of the company’s stock valued at $8,890,000 after buying an additional 309,335 shares during the period. Rivernorth Capital Management LLC grew its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund by 4,237.3% during the 3rd quarter. Rivernorth Capital Management LLC now owns 630,470 shares of the company’s stock worth $7,036,000 after acquiring an additional 615,934 shares during the period. Pathstone Holdings LLC raised its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 133.2% in the 3rd quarter. Pathstone Holdings LLC now owns 388,899 shares of the company’s stock worth $4,340,000 after acquiring an additional 222,114 shares in the last quarter. Van ECK Associates Corp raised its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.0% in the 4th quarter. Van ECK Associates Corp now owns 156,478 shares of the company’s stock worth $1,620,000 after acquiring an additional 7,507 shares in the last quarter. Finally, Whitebox Advisors LLC lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.2% in the 3rd quarter. Whitebox Advisors LLC now owns 125,910 shares of the company’s stock valued at $1,405,000 after purchasing an additional 6,269 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Stock Down 0.1 %

Shares of DMB stock opened at $10.80 on Friday. The business’s fifty day moving average is $10.49 and its 200 day moving average is $10.76. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a twelve month low of $9.93 and a twelve month high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 3rd. Stockholders of record on Wednesday, February 19th will be given a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.33%. The ex-dividend date of this dividend is Wednesday, February 19th.

BNY Mellon Municipal Bond Infrastructure Fund Profile

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.