Balanced Wealth Group LLC Boosts Stock Position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Balanced Wealth Group LLC boosted its holdings in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 23.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,995 shares of the investment management company’s stock after buying an additional 19,318 shares during the quarter. AllianceBernstein National Municipal Income Fund makes up about 0.5% of Balanced Wealth Group LLC’s holdings, making the stock its 25th largest position. Balanced Wealth Group LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $1,117,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Stifel Financial Corp increased 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 valued at $422,000 after buying an additional 1,460 shares during the last quarter. Dakota Wealth Management increased its holdings in 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 buying an additional 1,800 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in AllianceBernstein National Municipal Income Fund by 1.6% in the fourth quarter. Bank of New York Mellon Corp now owns 130,799 shares of the investment management company’s stock valued at $1,422,000 after buying an additional 2,077 shares during the last quarter. Capital Investment Advisors LLC increased its holdings in AllianceBernstein National Municipal Income Fund by 4.2% in the fourth quarter. Capital Investment Advisors LLC now owns 81,333 shares of the investment management company’s stock valued at $884,000 after buying an additional 3,267 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC increased its holdings in AllianceBernstein National Municipal Income Fund by 11.2% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 39,831 shares of the investment management company’s stock valued at $433,000 after buying an additional 4,024 shares during the last quarter.

AllianceBernstein National Municipal Income Fund Price Performance

NYSE:AFB opened at $10.94 on Thursday. The business’s fifty day moving average price is $11.05 and its 200 day moving average price is $11.28. AllianceBernstein National Municipal Income Fund, Inc. has a 12 month low of $10.33 and a 12 month high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its quarterly earnings data on Monday, December 30th. The investment management company reported $0.10 earnings per share (EPS) for the quarter.

AllianceBernstein National Municipal Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.0396 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.34%. The ex-dividend date is Thursday, March 6th.

About AllianceBernstein National Municipal Income Fund

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.