BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Acquired by Van ECK Associates Corp

Van ECK Associates Corp lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 156,478 shares of the company’s stock after buying an additional 7,507 shares during the period. Van ECK Associates Corp’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $1,620,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its position in 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 purchasing an additional 309,335 shares during the period. Rivernorth Capital Management LLC raised its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 4,237.3% in the third 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 third 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 during the period. Ackerman Capital Advisors LLC raised its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 12.3% in the third quarter. Ackerman Capital Advisors LLC now owns 153,597 shares of the company’s stock worth $1,714,000 after acquiring an additional 16,835 shares during the period. Finally, Whitebox Advisors LLC raised its position 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 acquiring an additional 6,269 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Trading Up 0.6 %

Shares of BNY Mellon Municipal Bond Infrastructure Fund stock opened at $10.77 on Friday. The firm has a 50-day simple moving average of $10.46 and a two-hundred day simple moving average of $10.76. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a fifty-two week low of $9.93 and a fifty-two week high of $11.27.

BNY Mellon Municipal Bond Infrastructure Fund Dividend Announcement

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

About BNY Mellon Municipal Bond Infrastructure Fund

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.