Bank of America, 10% owner, sells $1,045 in BNY Mellon stock

Bank of America Corp., identified as a 10% owner and director, engaged in both sales and acquisitions of common stock in BNY Mellon Strategic Municipals, Inc. (NASDAQ:LEO) on October 20, 2026. The transactions involved total sales of $1,045 and total purchases of $1,039.

The sales of common stock occurred at prices ranging from $5.655 to $5.725 per share. Concurrently, the acquisitions of common stock were executed at prices between $5.6689 and $5.725 per share. The trading prices align closely with LEO’s current stock price of $5.70, which has declined 6.3% year-to-date. The fund, which carries a market cap of $355 million, offers a dividend yield of 6.34%. According to InvestingPro Tips, LEO pays a significant dividend to shareholders and has maintained dividend payments for 40 consecutive years. Investors can access 4 additional ProTips for deeper analysis.

Following these reported transactions, Bank of America Corp. indirectly holds 0 shares of BNY Mellon Strategic Municipals, Inc. common stock. This statement was jointly filed by Bank of America Corporation and its subsidiary, Merrill Lynch, Pierce, Fenner & Smith Incorporated, with Bank of America holding an indirect interest in the securities through Merrill Lynch.