Allspring Global Investments Holdings LLC Boosts Stock Position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Allspring Global Investments Holdings LLC lifted its position in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 814,453 shares of the investment management company’s stock after purchasing an additional 23,304 shares during the period. Allspring Global Investments Holdings LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $8,853,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Private Advisor Group LLC purchased a new stake in AllianceBernstein National Municipal Income Fund in the third quarter worth about $139,000. Sanctuary Advisors LLC purchased a new stake in AllianceBernstein National Municipal Income Fund in the third quarter worth about $181,000. Wolverine Asset Management LLC lifted its holdings in AllianceBernstein National Municipal Income Fund by 39.6% in the third quarter. Wolverine Asset Management LLC now owns 26,782 shares of the investment management company’s stock worth $316,000 after buying an additional 7,600 shares during the period. Stifel Financial Corp lifted its holdings in 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 worth $422,000 after buying an additional 1,460 shares during the period. Finally, Dakota Wealth Management increased its stake in shares of AllianceBernstein National Municipal Income Fund by 4.4% during the fourth quarter. Dakota Wealth Management now owns 43,066 shares of the investment management company’s stock valued at $468,000 after purchasing an additional 1,800 shares in the last quarter.

AllianceBernstein National Municipal Income Fund Stock Up 0.1 %

Shares of NYSE AFB opened at $11.14 on Wednesday. AllianceBernstein National Municipal Income Fund, Inc. has a fifty-two week low of $10.33 and a fifty-two week high of $11.95. The company has a 50 day simple moving average of $11.00 and a two-hundred day simple moving average of $11.30.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last announced 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 announced a monthly dividend, which will be paid on Friday, February 21st. Shareholders of record on Thursday, February 6th will be given a $0.0396 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.27%. The ex-dividend date of this dividend is Thursday, February 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.