Sanctuary Advisors LLC Purchases New Shares in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

Sanctuary Advisors LLC acquired a new position in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,736 shares of the investment management company’s stock, valued at approximately $85,000.

A number of other large investors have also recently made changes to their positions in the business. Rivernorth Capital Management LLC grew its position in BNY Mellon Strategic Municipals by 18.8% in the third quarter. Rivernorth Capital Management LLC now owns 2,278,868 shares of the investment management company’s stock worth $14,835,000 after acquiring an additional 360,045 shares in the last quarter. Pathstone Holdings LLC boosted its holdings in shares of BNY Mellon Strategic Municipals by 133.1% in the 3rd quarter. Pathstone Holdings LLC now owns 1,103,527 shares of the investment management company’s stock worth $7,185,000 after purchasing an additional 630,137 shares during the period. Capital Investment Advisors LLC increased its position in shares of BNY Mellon Strategic Municipals by 14.5% during the 3rd quarter. Capital Investment Advisors LLC now owns 468,729 shares of the investment management company’s stock valued at $3,051,000 after purchasing an additional 59,316 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in BNY Mellon Strategic Municipals by 30.4% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 141,159 shares of the investment management company’s stock valued at $919,000 after buying an additional 32,916 shares during the period. Finally, HighTower Advisors LLC lifted its position in BNY Mellon Strategic Municipals by 9.3% in the third quarter. HighTower Advisors LLC now owns 61,693 shares of the investment management company’s stock worth $398,000 after buying an additional 5,240 shares during the last quarter.

BNY Mellon Strategic Municipals Trading Up 0.3 %

LEO stock opened at $6.00 on Tuesday. BNY Mellon Strategic Municipals, Inc. has a twelve month low of $5.76 and a twelve month high of $6.64. The firm’s fifty day simple moving average is $6.26 and its two-hundred day simple moving average is $6.30.

BNY Mellon Strategic Municipals Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Friday, December 13th will be issued a dividend of $0.019 per share. The ex-dividend date is Friday, December 13th. This represents a $0.23 annualized dividend and a yield of 3.80%.

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.