Dreyfus Strategic Muni. (LEO) Stake Decreased by Laurion Capital Management LP

Laurion Capital Management LP reduced its stake in shares of Dreyfus Strategic Muni. (NYSE:LEO) by 38.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 592,213 shares of the investment management company’s stock after selling 367,833 shares during the period. Laurion Capital Management LP owned 0.95% of Dreyfus Strategic Muni. worth $4,442,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in LEO. Millennium Management LLC purchased a new position in shares of Dreyfus Strategic Muni. during the 1st quarter worth about $111,000. Cornerstone Advisory LLP increased its position in Dreyfus Strategic Muni. by 13.1% during the 2nd quarter. Cornerstone Advisory LLP now owns 395,007 shares of the investment management company’s stock worth $3,030,000 after purchasing an additional 45,776 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in Dreyfus Strategic Muni. by 124.1% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 37,553 shares of the investment management company’s stock worth $288,000 after purchasing an additional 20,793 shares in the last quarter. Van ECK Associates Corp increased its position in Dreyfus Strategic Muni. by 41.4% during the 2nd quarter. Van ECK Associates Corp now owns 193,363 shares of the investment management company’s stock worth $1,483,000 after purchasing an additional 56,616 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in Dreyfus Strategic Muni. by 35.7% during the 2nd quarter. Wolverine Asset Management LLC now owns 227,806 shares of the investment management company’s stock worth $1,747,000 after purchasing an additional 59,873 shares in the last quarter. Institutional investors and hedge funds own 11.14% of the company’s stock.

LEO opened at $7.37 on Friday. Dreyfus Strategic Muni. has a 1 year low of $7.01 and a 1 year high of $8.82.

The firm also recently announced a monthly dividend, which will be paid on Monday, December 31st. Investors of record on Friday, December 14th will be given a dividend of $0.035 per share. This represents a $0.42 dividend on an annualized basis and a yield of 5.70%. The ex-dividend date is Thursday, December 13th.

TRADEMARK VIOLATION WARNING: This piece of content was first reported by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another publication, it was illegally copied and republished in violation of United States and international copyright legislation. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/12/08/dreyfus-strategic-muni-leo-stake-decreased-by-laurion-capital-management-lp.html.

Dreyfus Strategic Muni. Profile

There is no company description available for Dreyfus Strategic Municipals Inc.

Read More: Futures Contract

Want to see what other hedge funds are holding LEO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dreyfus Strategic Muni. (NYSE:LEO).

Institutional Ownership by Quarter for Dreyfus Strategic Muni. (NYSE:LEO)

Receive News & Ratings for Dreyfus Strategic Muni. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dreyfus Strategic Muni. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply