BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) Shares Bought by Arlington Capital Management Inc.

Arlington Capital Management Inc. lifted its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) by 14.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,089 shares of the company’s stock after purchasing an additional 3,131 shares during the quarter. Arlington Capital Management Inc.’s holdings in BNY Mellon Municipal Bond Infrastructure Fund were worth $249,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Rockefeller Capital Management L.P. acquired a new position in BNY Mellon Municipal Bond Infrastructure Fund during the 3rd quarter worth approximately $223,000. HighTower Advisors LLC purchased a new stake in shares of BNY Mellon Municipal Bond Infrastructure Fund in the third quarter valued at approximately $289,000. Rivernorth Capital Management LLC grew its holdings in BNY Mellon Municipal Bond Infrastructure Fund by 4,237.3% during 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. Whitebox Advisors LLC raised its position in 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 in the last quarter. Finally, Melfa Wealth Management Inc. grew its stake in shares of BNY Mellon Municipal Bond Infrastructure Fund by 79.1% during the 4th quarter. Melfa Wealth Management Inc. now owns 33,972 shares of the company’s stock worth $352,000 after purchasing an additional 15,000 shares during the period.

BNY Mellon Municipal Bond Infrastructure Fund Trading Down 1.6 %

Shares of NYSE DMB opened at $10.67 on Wednesday. BNY Mellon Municipal Bond Infrastructure Fund, Inc. has a 52 week low of $9.93 and a 52 week high of $11.28. The firm has a 50-day moving average price of $10.62 and a 200 day moving average price of $10.74.

BNY Mellon Municipal Bond Infrastructure Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.03 per share. This represents a $0.36 annualized dividend and a yield of 3.37%. The ex-dividend date of this dividend is Tuesday, March 18th.

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.