US Bancorp DE lowered its position in shares of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO – Free Report) by 14.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,587 shares of the investment management company’s stock after selling 2,601 shares during the quarter. US Bancorp DE’s holdings in BNY Mellon Strategic Municipals were worth $101,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of LEO. Mercer Global Advisors Inc. ADV bought a new position in shares of BNY Mellon Strategic Municipals during the second quarter worth $90,000. WMG Financial Advisors LLC bought a new position in BNY Mellon Strategic Municipals during the second quarter worth about $96,000. B. Riley Wealth Advisors Inc. lifted its holdings in BNY Mellon Strategic Municipals by 32.5% during the second quarter. B. Riley Wealth Advisors Inc. now owns 20,400 shares of the investment management company’s stock worth $125,000 after acquiring an additional 5,000 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in BNY Mellon Strategic Municipals in the second quarter valued at about $156,000. Finally, Integrated Capital Management Inc. increased its holdings in shares of BNY Mellon Strategic Municipals by 16.8% in the second quarter. Integrated Capital Management Inc. now owns 32,710 shares of the investment management company’s stock worth $200,000 after acquiring an additional 4,709 shares in the last quarter.
BNY Mellon Strategic Municipals Stock Down 0.5 %
NYSE LEO opened at $6.25 on Friday. The stock’s 50-day moving average is $6.42 and its 200-day moving average is $6.25. BNY Mellon Strategic Municipals, Inc. has a one year low of $5.50 and a one year high of $6.64.
BNY Mellon Strategic Municipals Announces Dividend
BNY Mellon Strategic Municipals Company 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.
Further Reading
- Five stocks we like better than BNY Mellon Strategic Municipals
- Investing In Preferred Stock vs. Common Stock
- ORIC: Working with Two Pharma Giants, Analysts See +100% Upside
- ETF Screener: Uses and Step-by-Step Guide
- Freeport-McMoRan, Copper Demand Short-Term Pain, Long-Term Gain
- Trading Halts Explained
- Time to Load Up on Home Builders?
Receive News & Ratings for BNY Mellon Strategic Municipals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BNY Mellon Strategic Municipals and related companies with MarketBeat.com's FREE daily email newsletter.