Van ECK Associates Corp Has $2.61 Million Stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Van ECK Associates Corp boosted its stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 3.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,815 shares of the investment management company’s stock after buying an additional 7,015 shares during the quarter. Van ECK Associates Corp’s holdings in AllianceBernstein National Municipal Income Fund were worth $2,607,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of AFB. Private Advisor Group LLC acquired a new position in AllianceBernstein National Municipal Income Fund in the third quarter worth $139,000. Balanced Wealth Group LLC boosted its stake in AllianceBernstein National Municipal Income Fund by 18.6% in the third quarter. Balanced Wealth Group LLC now owns 81,677 shares of the investment management company’s stock worth $964,000 after purchasing an additional 12,819 shares in the last quarter. Wolverine Asset Management LLC boosted its stake 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 purchasing an additional 7,600 shares in the last quarter. Pathstone Holdings LLC boosted its stake in AllianceBernstein National Municipal Income Fund by 5.0% in the third quarter. Pathstone Holdings LLC now owns 2,032,729 shares of the investment management company’s stock worth $23,988,000 after purchasing an additional 96,119 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its stake in 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 worth $5,384,000 after purchasing an additional 62,304 shares in the last quarter.

AllianceBernstein National Municipal Income Fund Price Performance

AllianceBernstein National Municipal Income Fund stock opened at $11.20 on Friday. The business’s fifty day moving average is $10.99 and its two-hundred day moving average is $11.30. 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 posted its quarterly earnings data on Monday, December 30th. The investment management company reported $0.10 EPS for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, February 21st. Stockholders of record on Thursday, February 6th will be paid a dividend of $0.0396 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.24%. 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.