BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Bought by Wolverine Asset Management LLC

Wolverine Asset Management LLC grew its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 13.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 84,945 shares of the company’s stock after purchasing an additional 10,054 shares during the period. Wolverine Asset Management LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $879,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DMB. Avior Wealth Management LLC grew its holdings in 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 worth $66,000 after acquiring an additional 3,007 shares during the period. Rockefeller Capital Management L.P. acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the third quarter worth about $223,000. Janney Montgomery Scott LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the fourth quarter worth about $237,000. HighTower Advisors LLC acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the third quarter worth about $289,000. Finally, Melfa Wealth Management Inc. increased its stake in BNY Mellon Municipal Bond Infrastructure Fund by 79.1% in the 4th quarter. Melfa Wealth Management Inc. now owns 33,972 shares of the company’s stock worth $352,000 after purchasing an additional 15,000 shares in the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Price Performance

Shares of DMB opened at $10.77 on Friday. The business’s 50-day moving average price is $10.46 and its 200 day moving average price is $10.76. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1-year low of $9.93 and a 1-year high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 3rd. Investors of record on Wednesday, February 19th will be paid a $0.03 dividend. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.36 dividend on an annualized basis and a yield of 3.34%.

BNY Mellon Municipal Bond Infrastructure Fund Company 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.