BNY Mellon Strategic Municipal Bond Fund (NYSE:DSM) Major Shareholder Purchases 69,080 Shares of Stock
MarketBeat
BNY Mellon Strategic Municipal Bond Fund, Inc. (NYSE:DSM - Get Free Report) major shareholder Saba Capital Management, L.P. bought 69,080 shares of the stock in a transaction dated Monday, October 19th. The stock was purchased at an average cost of $5.29 per share, for a total transaction of $365,433.20. Following the acquisition, the insider owned 5,400,925 shares in the company, valued at $28,570,893.25. The trade was a 1.30% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.
NYSE:DSM