Laurion Capital Management LP Acquires 644,420 Shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock (DSM)

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Laurion Capital Management LP lifted its holdings in shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock (NYSE:DSM) by 800.1% during the second quarter, HoldingsChannel reports. The institutional investor owned 724,963 shares of the investment management company’s stock after acquiring an additional 644,420 shares during the quarter. Laurion Capital Management LP’s holdings in Dreyfus Strategic Municipal Bond Fund, Inc. common stock were worth $5,488,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in DSM. SG Americas Securities LLC purchased a new stake in shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock during the 1st quarter valued at approximately $973,000. Strategic Wealth Advisors Group LLC lifted its stake in shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock by 100.0% during the 1st quarter. Strategic Wealth Advisors Group LLC now owns 88,612 shares of the investment management company’s stock valued at $674,000 after buying an additional 44,306 shares in the last quarter. Van ECK Associates Corp lifted its stake in shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock by 16.1% during the 1st quarter. Van ECK Associates Corp now owns 106,241 shares of the investment management company’s stock valued at $808,000 after buying an additional 14,729 shares in the last quarter. Landscape Capital Management L.L.C. purchased a new stake in shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock during the 1st quarter valued at approximately $405,000. Finally, RMB Capital Management LLC purchased a new stake in shares of Dreyfus Strategic Municipal Bond Fund, Inc. common stock during the 1st quarter valued at approximately $362,000. Institutional investors own 10.94% of the company’s stock.

Shares of DSM stock opened at $7.58 on Friday. Dreyfus Strategic Municipal Bond Fund, Inc. common stock has a 12 month low of $7.42 and a 12 month high of $8.65.

The firm also recently declared a monthly dividend, which will be paid on Friday, September 28th. Investors of record on Monday, September 17th will be paid a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date of this dividend is Friday, September 14th.

About Dreyfus Strategic Municipal Bond Fund, Inc. common stock

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

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Want to see what other hedge funds are holding DSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dreyfus Strategic Municipal Bond Fund, Inc. common stock (NYSE:DSM).

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

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