Choreo LLC Has $193,000 Stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Choreo LLC decreased its position in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 6.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,838 shares of the investment management company’s stock after selling 1,157 shares during the quarter. Choreo LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $193,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the business. Riverbridge Partners LLC increased its stake in shares of AllianceBernstein National Municipal Income Fund by 185.5% in the fourth quarter. Riverbridge Partners LLC now owns 60,384 shares of the investment management company’s stock valued at $656,000 after buying an additional 39,236 shares during the period. Dakota Wealth Management grew its holdings in shares of AllianceBernstein National Municipal Income Fund by 4.4% in the fourth quarter. Dakota Wealth Management now owns 43,066 shares of the investment management company’s stock valued at $468,000 after acquiring an additional 1,800 shares in the last quarter. Hennion & Walsh Asset Management Inc. raised its position in AllianceBernstein National Municipal Income Fund by 14.1% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 592,728 shares of the investment management company’s stock worth $6,443,000 after acquiring an additional 73,447 shares during the period. Capital Investment Advisors LLC raised its stake in AllianceBernstein National Municipal Income Fund by 4.2% in the 4th quarter. Capital Investment Advisors LLC now owns 81,333 shares of the investment management company’s stock valued at $884,000 after acquiring an additional 3,267 shares during the period. Finally, Rivernorth Capital Management LLC raised its stake in shares of AllianceBernstein National Municipal Income Fund by 24.2% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,192,205 shares of the investment management company’s stock valued at $14,068,000 after purchasing an additional 232,205 shares during the period.

AllianceBernstein National Municipal Income Fund Stock Up 0.6 %

NYSE AFB opened at $11.13 on Friday. The company has a fifty day moving average of $11.01 and a 200-day moving average of $11.31. 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 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 21st. Investors of record on Thursday, February 6th will be given a dividend of $0.0396 per share. This represents a $0.48 annualized dividend and a yield of 4.27%. The ex-dividend date is Thursday, February 6th.

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.