Capital Investment Advisors LLC Purchases 2,632 Shares of BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

Capital Investment Advisors LLC lifted its holdings in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 0.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 471,361 shares of the investment management company’s stock after purchasing an additional 2,632 shares during the period. Capital Investment Advisors LLC’s holdings in BNY Mellon Strategic Municipals were worth $2,847,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in LEO. Pathstone Holdings LLC grew its holdings in 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 valued at $7,185,000 after buying an additional 630,137 shares during the last quarter. Rivernorth Capital Management LLC grew its stake in shares of BNY Mellon Strategic Municipals by 25.7% in the third quarter. Rivernorth Capital Management LLC now owns 2,411,067 shares of the investment management company’s stock worth $15,696,000 after acquiring an additional 492,244 shares during the last quarter. Almitas Capital LLC bought a new position in BNY Mellon Strategic Municipals during the second quarter worth $351,000. Rockefeller Capital Management L.P. increased its position in BNY Mellon Strategic Municipals by 30.4% during the third quarter. Rockefeller Capital Management L.P. now owns 141,159 shares of the investment management company’s stock worth $919,000 after acquiring an additional 32,916 shares during the period. Finally, Mercer Global Advisors Inc. ADV acquired a new position in BNY Mellon Strategic Municipals during the 2nd quarter valued at $90,000.

BNY Mellon Strategic Municipals Stock Performance

NYSE LEO opened at $6.01 on Tuesday. The company’s fifty day moving average is $6.22 and its two-hundred day moving average is $6.30. BNY Mellon Strategic Municipals, Inc. has a 52-week low of $5.76 and a 52-week high of $6.64.

BNY Mellon Strategic Municipals Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a dividend of $0.019 per share. This represents a $0.23 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date is Wednesday, January 15th.

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.