Stifel Financial Corp Has $422,000 Holdings in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Stifel Financial Corp boosted its holdings in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 4.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,722 shares of the investment management company’s stock after purchasing an additional 1,460 shares during the period. Stifel Financial Corp’s holdings in AllianceBernstein National Municipal Income Fund were worth $422,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rivernorth Capital Management LLC boosted its stake in AllianceBernstein National Municipal Income Fund by 14.9% in the third quarter. Rivernorth Capital Management LLC now owns 1,102,639 shares of the investment management company’s stock worth $13,011,000 after purchasing an additional 142,639 shares in the last quarter. HighTower Advisors LLC raised 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 buying an additional 4,346 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of AllianceBernstein National Municipal Income Fund by 15.8% in the third quarter. Advisors Asset Management Inc. now owns 456,237 shares of the investment management company’s stock valued at $5,384,000 after buying an additional 62,304 shares during the last quarter. Pathstone Holdings LLC lifted its position in AllianceBernstein National Municipal Income Fund by 5.0% during the 3rd quarter. Pathstone Holdings LLC now owns 2,032,729 shares of the investment management company’s stock worth $23,988,000 after buying an additional 96,119 shares in the last quarter. Finally, Wolverine Asset Management LLC grew its holdings in AllianceBernstein National Municipal Income Fund by 39.6% during the 3rd 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 last quarter.

AllianceBernstein National Municipal Income Fund Stock Performance

AFB opened at $10.82 on Friday. AllianceBernstein National Municipal Income Fund, Inc. has a 1-year low of $10.33 and a 1-year high of $11.95. The firm has a 50-day moving average price of $11.26 and a two-hundred day moving average price of $11.34.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its quarterly earnings results 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 company also recently disclosed a monthly dividend, which will be paid on Friday, January 17th. Shareholders of record on Thursday, January 2nd will be given a $0.0396 dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a $0.48 dividend on an annualized basis and a yield of 4.39%.

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.