ProVise Management Group LLC Has $79,000 Stock Holdings in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

ProVise Management Group LLC lessened its holdings in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 13.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 12,925 shares of the investment management company’s stock after selling 2,000 shares during the quarter. ProVise Management Group LLC’s holdings in BNY Mellon Strategic Municipals were worth $79,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Mercer Global Advisors Inc. ADV bought a new position in shares of BNY Mellon Strategic Municipals in the 2nd quarter valued at $90,000. WMG Financial Advisors LLC bought a new position in shares of BNY Mellon Strategic Municipals in the 2nd quarter valued at $96,000. Novak & Powell Financial Services Inc. bought a new position in shares of BNY Mellon Strategic Municipals in the 4th quarter valued at $145,000. Kingswood Wealth Advisors LLC bought a new position in shares of BNY Mellon Strategic Municipals in the 2nd quarter valued at $156,000. Finally, Integrated Capital Management Inc. lifted its stake in shares of BNY Mellon Strategic Municipals by 16.8% in the 2nd quarter. Integrated Capital Management Inc. now owns 32,710 shares of the investment management company’s stock valued at $200,000 after acquiring an additional 4,709 shares during the last quarter.

BNY Mellon Strategic Municipals Trading Down 0.7 %

Shares of LEO opened at $6.53 on Friday. BNY Mellon Strategic Municipals, Inc. has a 52 week low of $4.98 and a 52 week high of $6.64. The stock has a fifty day moving average of $6.34 and a 200-day moving average of $6.13.

BNY Mellon Strategic Municipals Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, October 1st. Investors of record on Monday, September 16th will be given a dividend of $0.019 per share. This represents a $0.23 annualized dividend and a yield of 3.49%. The ex-dividend date is Monday, September 16th.

BNY Mellon Strategic Municipals Profile

BNY Mellon Strategic Municipals, Inc is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc 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.