AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC reduced its position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 21.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,546 shares of the investment management company’s stock after selling 6,454 shares during the quarter. HUB Investment Partners LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $256,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Stifel Financial Corp boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 4.3% in the third quarter. Stifel Financial Corp now owns 35,722 shares of the investment management company’s stock valued at $422,000 after acquiring an additional 1,460 shares during the period. Sanctuary Advisors LLC acquired a new stake in shares of AllianceBernstein National Municipal Income Fund in the third quarter valued at approximately $181,000. HighTower Advisors LLC boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 10.4% in the third quarter. HighTower Advisors LLC now owns 46,256 shares of the investment management company’s stock valued at $548,000 after acquiring an additional 4,346 shares during the period. Van ECK Associates Corp boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 3.0% in the fourth quarter. Van ECK Associates Corp now owns 239,815 shares of the investment management company’s stock valued at $2,607,000 after acquiring an additional 7,015 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 2.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 814,453 shares of the investment management company’s stock valued at $8,853,000 after acquiring an additional 23,304 shares during the period.

AllianceBernstein National Municipal Income Fund Stock Up 0.5 %

Shares of NYSE AFB opened at $10.98 on Friday. The stock has a fifty day moving average price of $11.05 and a 200 day moving average price of $11.25. AllianceBernstein National Municipal Income Fund, Inc. has a 1-year low of $10.33 and a 1-year high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its quarterly earnings results on Monday, December 30th. The investment management company reported $0.10 earnings per share for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, March 21st. Investors of record on Thursday, March 6th were given a dividend of $0.0396 per share. This represents a $0.48 dividend on an annualized basis and a yield of 4.33%. The ex-dividend date of this dividend was Thursday, March 6th.

AllianceBernstein National Municipal Income Fund Profile

AllianceBernstein National Municipal Income Fund, Inc is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P. The fund invests in the fixed income markets of the United States. It primarily invests in investment-grade municipal securities which pay interest that is exempt from federal income tax.