HighTower Advisors LLC Boosts Stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

HighTower Advisors LLC boosted its position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 10.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,256 shares of the investment management company’s stock after purchasing an additional 4,346 shares during the period. HighTower Advisors LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $548,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Private Advisor Group LLC purchased a new stake in shares of AllianceBernstein National Municipal Income Fund during the third quarter valued at $139,000. Choreo LLC bought a new position in AllianceBernstein National Municipal Income Fund in the 2nd quarter worth about $252,000. Wolverine Asset Management LLC increased its position in shares of AllianceBernstein National Municipal Income Fund by 39.6% during the third quarter. Wolverine Asset Management LLC now owns 26,782 shares of the investment management company’s stock worth $316,000 after acquiring an additional 7,600 shares during the period. Blue Bell Private Wealth Management LLC raised its stake in shares of AllianceBernstein National Municipal Income Fund by 84.8% during the second quarter. Blue Bell Private Wealth Management LLC now owns 32,902 shares of the investment management company’s stock valued at $366,000 after acquiring an additional 15,102 shares in the last quarter. Finally, Rothschild Investment LLC purchased a new stake in shares of AllianceBernstein National Municipal Income Fund in the second quarter valued at approximately $891,000.

AllianceBernstein National Municipal Income Fund Stock Performance

AFB opened at $10.97 on Friday. The stock’s fifty day moving average is $11.35 and its two-hundred day moving average is $11.34. AllianceBernstein National Municipal Income Fund, Inc. has a 52 week low of $10.33 and a 52 week high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last released its quarterly earnings data on Friday, September 27th. The investment management company reported $0.11 earnings per share for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, December 5th were paid a $0.0396 dividend. The ex-dividend date was Thursday, December 5th.

AllianceBernstein National Municipal Income Fund Company 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.