Fiera Capital Corp Has $5.72 Million Position in BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB)

Fiera Capital Corp increased its holdings in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 14.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 531,111 shares of the company’s stock after buying an additional 67,799 shares during the period. Fiera Capital Corp’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $5,720,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Samalin Investment Counsel LLC lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 41.6% in the 2nd quarter. Samalin Investment Counsel LLC now owns 15,225 shares of the company’s stock valued at $164,000 after purchasing an additional 4,471 shares during the period. Robinson Capital Management LLC grew its position in shares of BNY Mellon Municipal Bond Infrastructure Fund by 10.0% during the 1st quarter. Robinson Capital Management LLC now owns 264,353 shares of the company’s stock worth $2,905,000 after buying an additional 23,948 shares during the period. Wolverine Asset Management LLC increased its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 55.4% in the 2nd quarter. Wolverine Asset Management LLC now owns 61,895 shares of the company’s stock valued at $667,000 after acquiring an additional 22,060 shares in the last quarter. Captrust Financial Advisors acquired a new position in shares of BNY Mellon Municipal Bond Infrastructure Fund during the 2nd quarter valued at $33,000. Finally, Bank of Montreal Can acquired a new stake in BNY Mellon Municipal Bond Infrastructure Fund in the second quarter worth $396,000.

BNY Mellon Municipal Bond Infrastructure Fund Stock Up 2.1 %

DMB opened at $9.75 on Wednesday. The company has a fifty day moving average price of $9.80 and a two-hundred day moving average price of $10.48. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 1-year low of $8.94 and a 1-year high of $11.79.

BNY Mellon Municipal Bond Infrastructure Fund Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, December 1st. Investors of record on Thursday, November 9th will be given a $0.03 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Wednesday, November 8th.

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.