Van ECK Associates Corp boosted its stake in Dreyfus Strategic Municipal Bond Fund, Inc. common stock (NYSE:DSM) by 42.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 150,951 shares of the investment management company’s stock after purchasing an additional 44,710 shares during the quarter. Van ECK Associates Corp owned about 0.31% of Dreyfus Strategic Municipal Bond Fund, Inc. common stock worth $1,143,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DSM. RMB Capital Management LLC bought a new stake in Dreyfus Strategic Municipal Bond Fund, Inc. common stock in the first quarter valued at about $362,000. Landscape Capital Management L.L.C. bought a new stake in Dreyfus Strategic Municipal Bond Fund, Inc. common stock in the first quarter valued at about $405,000. Ladenburg Thalmann Financial Services Inc. increased its holdings in Dreyfus Strategic Municipal Bond Fund, Inc. common stock by 22.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 65,789 shares of the investment management company’s stock valued at $501,000 after purchasing an additional 11,960 shares during the last quarter. SG Americas Securities LLC bought a new stake in Dreyfus Strategic Municipal Bond Fund, Inc. common stock in the first quarter valued at about $973,000. Finally, UBS Group AG increased its holdings in Dreyfus Strategic Municipal Bond Fund, Inc. common stock by 10.1% in the first quarter. UBS Group AG now owns 265,210 shares of the investment management company’s stock valued at $2,018,000 after purchasing an additional 24,394 shares during the last quarter. Institutional investors and hedge funds own 10.94% of the company’s stock.

NYSE DSM opened at $7.41 on Friday. Dreyfus Strategic Municipal Bond Fund, Inc. common stock has a 12 month low of $7.41 and a 12 month high of $8.65.

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 28th. Investors of record on Monday, September 17th will be issued a $0.035 dividend. The ex-dividend date of this dividend is Friday, September 14th. This represents a $0.42 dividend on an annualized basis and a yield of 5.67%.

About Dreyfus Strategic Municipal Bond Fund, Inc. common stock

There is no company description available for Dreyfus Strategic Municipal Bond.

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Institutional Ownership by Quarter for Dreyfus Strategic Municipal Bond Fund, Inc. common stock (NYSE:DSM)

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