Wealthcare Advisory Partners LLC Sells 3,730 Shares of BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM)

Wealthcare Advisory Partners LLC lessened its stake in shares of BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSMFree Report) by 23.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,886 shares of the investment management company’s stock after selling 3,730 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in BNY Mellon Strategic Municipal Bond Fund were worth $68,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Indie Asset Partners LLC bought a new stake in shares of BNY Mellon Strategic Municipal Bond Fund during the 4th quarter worth about $62,000. Park National Corp OH bought a new stake in BNY Mellon Strategic Municipal Bond Fund during the 4th quarter valued at approximately $63,000. Raymond James Financial Services Advisors Inc. bought a new stake in BNY Mellon Strategic Municipal Bond Fund during the 4th quarter valued at approximately $63,000. Ironsides Asset Advisors LLC boosted its stake in BNY Mellon Strategic Municipal Bond Fund by 34.0% during the 3rd quarter. Ironsides Asset Advisors LLC now owns 14,263 shares of the investment management company’s stock valued at $71,000 after purchasing an additional 3,618 shares during the period. Finally, Almitas Capital LLC bought a new stake in BNY Mellon Strategic Municipal Bond Fund during the 3rd quarter valued at approximately $80,000.

BNY Mellon Strategic Municipal Bond Fund Stock Performance

Shares of NYSE:DSM opened at $5.79 on Friday. The business has a 50 day moving average price of $5.73 and a 200 day moving average price of $5.60. BNY Mellon Strategic Municipal Bond Fund, Inc. has a twelve month low of $4.69 and a twelve month high of $5.91.

BNY Mellon Strategic Municipal Bond Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Tuesday, May 14th will be issued a $0.018 dividend. The ex-dividend date of this dividend is Monday, May 13th. This represents a $0.22 annualized dividend and a yield of 3.73%.

BNY Mellon Strategic Municipal Bond Fund Company Profile

(Free Report)

BNY Mellon Strategic Municipal Bond 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 investment grade municipal bonds which are exempt from federal income tax.

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Institutional Ownership by Quarter for BNY Mellon Strategic Municipal Bond Fund (NYSE:DSM)

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