BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC reduced its position in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 130,783 shares of the company’s stock after selling 1,443 shares during the period. Riverbridge Partners LLC’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,354,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Rivernorth Capital Management LLC boosted its position in BNY Mellon Municipal Bond Infrastructure Fund by 4,237.3% in the 3rd quarter. Rivernorth Capital Management LLC now owns 630,470 shares of the company’s stock valued at $7,036,000 after buying an additional 615,934 shares during the last quarter. Allspring Global Investments Holdings LLC increased its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 5.5% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 549,606 shares of the company’s stock worth $6,134,000 after purchasing an additional 28,498 shares during the last quarter. 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 valued at $4,340,000 after purchasing an additional 222,114 shares in the last quarter. Ackerman Capital Advisors LLC boosted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 12.3% during the 3rd quarter. Ackerman Capital Advisors LLC now owns 153,597 shares of the company’s stock valued at $1,714,000 after buying an additional 16,835 shares during the last quarter. Finally, Whitebox Advisors LLC increased its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 5.2% in the third quarter. Whitebox Advisors LLC now owns 125,910 shares of the company’s stock worth $1,405,000 after buying an additional 6,269 shares during the last quarter.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.2 %

NYSE DMB opened at $10.41 on Thursday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 12 month low of $9.93 and a 12 month high of $11.27. The company’s fifty day moving average price is $10.60 and its two-hundred day moving average price is $10.78.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, February 3rd. Investors of record on Tuesday, January 21st will be given a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date of this dividend is Tuesday, January 21st.

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.