Ackerman Capital Advisors LLC Has $1.92 Million Stock Holdings in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

Ackerman Capital Advisors LLC grew its position in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) by 28.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 317,221 shares of the investment management company’s stock after buying an additional 69,719 shares during the period. Ackerman Capital Advisors LLC’s holdings in BNY Mellon Strategic Municipals were worth $1,916,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Avior Wealth Management LLC grew its stake in BNY Mellon Strategic Municipals by 16.2% in the fourth quarter. Avior Wealth Management LLC now owns 18,389 shares of the investment management company’s stock valued at $111,000 after acquiring an additional 2,559 shares during the period. Capital Investment Advisors LLC lifted its holdings in shares of BNY Mellon Strategic Municipals by 0.6% during the 4th quarter. Capital Investment Advisors LLC now owns 471,361 shares of the investment management company’s stock valued at $2,847,000 after purchasing an additional 2,632 shares in the last quarter. Melfa Wealth Management Inc. grew its position in shares of BNY Mellon Strategic Municipals by 5.2% in the 4th quarter. Melfa Wealth Management Inc. now owns 60,298 shares of the investment management company’s stock valued at $364,000 after purchasing an additional 3,000 shares during the period. HighTower Advisors LLC increased its stake in BNY Mellon Strategic Municipals by 9.3% during the 3rd quarter. HighTower Advisors LLC now owns 61,693 shares of the investment management company’s stock worth $398,000 after purchasing an additional 5,240 shares in the last quarter. Finally, Park Avenue Securities LLC increased its stake in BNY Mellon Strategic Municipals by 4.9% during the 4th quarter. Park Avenue Securities LLC now owns 168,143 shares of the investment management company’s stock worth $1,016,000 after purchasing an additional 7,899 shares in the last quarter.

BNY Mellon Strategic Municipals Stock Up 0.7 %

Shares of LEO opened at $6.31 on Wednesday. The firm’s 50 day moving average price is $6.14 and its two-hundred day moving average price is $6.30. BNY Mellon Strategic Municipals, Inc. has a twelve month low of $5.79 and a twelve month high of $6.64.

BNY Mellon Strategic Municipals Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.019 dividend. This represents a $0.23 dividend on an annualized basis and a yield of 3.62%. The ex-dividend date of this dividend is Friday, February 14th.

About BNY Mellon Strategic Municipals

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.