Bank of America Corporation (NYSE:BAC), along with its subsidiaries Merrill Lynch, Pierce, Fenner & Smith Inc. and BofA Securities, Inc., reported significant transactions involving BNY Mellon (NYSE:BK) Strategic Municipal Bond Fund, Inc. (NYSE:DSM) common stock. The financial giant disclosed stock sales totaling $56,413, with prices ranging from $5.66 to $8.4334 per share.
In addition to the sales, Bank of America and its subsidiaries reported purchases of DSM shares amounting to $138,336. The purchase prices ranged from $5.6487 to $8.515 per share. These transactions reflect the ongoing adjustments in Bank of America's investment portfolio, showcasing their active engagement in managing their holdings in BNY Mellon Strategic Municipal Bond Fund. The fund currently offers a dividend yield of 3.56% and has delivered a year-to-date return of 10.28%. For deeper insights into DSM's performance metrics and additional trading signals, investors can access more exclusive data through InvestingPro.
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