Landscape Capital Management L.L.C. Acquires New Holdings in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO)

Landscape Capital Management L.L.C. acquired a new stake in BNY Mellon Strategic Municipals, Inc. (NYSE:LEO) in the 4th quarter, Holdings Channel.com reports. The fund acquired 20,899 shares of the investment management company’s stock, valued at approximately $126,000.

Other institutional investors and hedge funds have also modified their holdings of the company. HighTower Advisors LLC grew its position in shares of BNY Mellon Strategic Municipals by 9.3% in the 3rd quarter. HighTower Advisors LLC now owns 61,693 shares of the investment management company’s stock valued at $398,000 after purchasing an additional 5,240 shares during the period. Virtu Financial LLC acquired a new position in BNY Mellon Strategic Municipals during the 4th quarter worth approximately $112,000. Park Avenue Securities LLC boosted its position 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 acquiring an additional 7,899 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in BNY Mellon Strategic Municipals during the 3rd quarter worth approximately $85,000. Finally, PNC Financial Services Group Inc. boosted its position in BNY Mellon Strategic Municipals by 1,100.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 12,003 shares of the investment management company’s stock worth $72,000 after acquiring an additional 11,003 shares during the last quarter.

BNY Mellon Strategic Municipals Stock Up 0.2 %

NYSE:LEO opened at $5.87 on Thursday. BNY Mellon Strategic Municipals, Inc. has a twelve month low of $5.69 and a twelve month high of $6.64. The business has a 50 day moving average price of $6.16 and a two-hundred day moving average price of $6.23.

BNY Mellon Strategic Municipals Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, April 14th will be issued a $0.019 dividend. This represents a $0.23 annualized dividend and a dividend yield of 3.88%. The ex-dividend date of this dividend is Monday, April 14th.

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.