BNY Mellon Strategic Municipals (10% Owner): 21 transactions—12,085 shares bought at avg ~$7.41 & sold at avg ~$7.38; net zero holdings.
Bank of America's 10% ownership position in BNY Mellon Strategic Municipals executed 21 separate transactions totaling 12,085 shares bought for $89,491.07 and 12,085 shares sold for $89,247.69 over an eight-year period (2014–2022), resulting in zero net position. The largest activity occurred on 2022-08-22, with a concentrated intraday program of 8,920 shares purchased at $6.80 offset by 8,886 shares sold across multiple lots at prices ranging $6.77–$6.79. Across the filing's timeframe, the insider executed near-identical purchase and sale volumes at closely matched price points, indicating systematic portfolio management or index-tracking behavior rather than discretionary conviction-driven activity. The closing price of $6.27 is below the 2022 transaction range, and the 90-day change is −5.0%, providing no forward-looking signal from the insider's recent activity.