Deroy & Devereaux Private Investment Counsel Inc. Buys Shares of 41,925 Dreyfus Strategic Municipal Bond Fund, Inc. (DSM)

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Deroy & Devereaux Private Investment Counsel Inc. bought a new position in Dreyfus Strategic Municipal Bond Fund, Inc. (NYSE:DSM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 41,925 shares of the investment management company’s stock, valued at approximately $308,000. Deroy & Devereaux Private Investment Counsel Inc. owned about 0.08% of Dreyfus Strategic Municipal Bond Fund at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of DSM. Laurion Capital Management LP increased its position in Dreyfus Strategic Municipal Bond Fund by 800.1% in the 2nd quarter. Laurion Capital Management LP now owns 724,963 shares of the investment management company’s stock worth $5,488,000 after purchasing an additional 644,420 shares during the last quarter. Robinson Capital Management LLC increased its position in Dreyfus Strategic Municipal Bond Fund by 16.3% in the 2nd quarter. Robinson Capital Management LLC now owns 619,702 shares of the investment management company’s stock worth $4,691,000 after purchasing an additional 86,676 shares during the last quarter. Wolverine Asset Management LLC increased its position in Dreyfus Strategic Municipal Bond Fund by 36.2% in the 2nd quarter. Wolverine Asset Management LLC now owns 187,453 shares of the investment management company’s stock worth $1,419,000 after purchasing an additional 49,778 shares during the last quarter. Van ECK Associates Corp increased its position in Dreyfus Strategic Municipal Bond Fund by 42.1% in the 2nd quarter. Van ECK Associates Corp now owns 150,951 shares of the investment management company’s stock worth $1,143,000 after purchasing an additional 44,710 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in Dreyfus Strategic Municipal Bond Fund by 60.4% in the 3rd quarter. Capital Investment Advisors LLC now owns 78,505 shares of the investment management company’s stock worth $576,000 after purchasing an additional 29,575 shares during the last quarter. 10.82% of the stock is currently owned by institutional investors.

Shares of DSM stock opened at $6.87 on Wednesday. Dreyfus Strategic Municipal Bond Fund, Inc. has a fifty-two week low of $6.79 and a fifty-two week high of $8.57.

About Dreyfus Strategic Municipal Bond Fund

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 (NYSE:DSM)

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