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

Whitebox Advisors LLC raised its stake in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 6.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,955 shares of the investment management company’s stock after buying an additional 6,905 shares during the quarter. Whitebox Advisors LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $1,345,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of AFB. Private Advisor Group LLC bought a new position in AllianceBernstein National Municipal Income Fund during the third quarter valued at approximately $139,000. Choreo LLC bought a new stake in AllianceBernstein National Municipal Income Fund in the second quarter worth $252,000. Wolverine Asset Management LLC raised its stake in 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 valued at $316,000 after purchasing an additional 7,600 shares in the last quarter. Blue Bell Private Wealth Management LLC lifted its position in 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 purchasing an additional 15,102 shares during the last quarter. Finally, Stifel Financial Corp lifted its position in AllianceBernstein National Municipal Income Fund by 4.3% during the third quarter. Stifel Financial Corp now owns 35,722 shares of the investment management company’s stock valued at $422,000 after purchasing an additional 1,460 shares during the last quarter.

AllianceBernstein National Municipal Income Fund Stock Performance

Shares of NYSE AFB opened at $11.41 on Friday. AllianceBernstein National Municipal Income Fund, Inc. has a 12-month low of $10.33 and a 12-month high of $11.95. The firm’s 50-day moving average price is $11.45 and its 200-day moving average price is $11.31.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last released its 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 announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, December 5th will be issued a $0.0396 dividend. The ex-dividend date of this dividend is Thursday, December 5th.

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.