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

Allspring Global Investments Holdings LLC lifted its stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 2.9% in the 4th quarter, Holdings Channel.com reports. 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 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Private Advisor Group LLC acquired a new stake in shares of AllianceBernstein National Municipal Income Fund in the third quarter valued at approximately $139,000. Sanctuary Advisors LLC acquired a new stake in shares of AllianceBernstein National Municipal Income Fund in the third quarter valued at approximately $181,000. Wolverine Asset Management LLC lifted its holdings in shares of AllianceBernstein National Municipal Income Fund by 39.6% in the 3rd 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 during the last quarter. Stifel Financial Corp lifted its holdings in shares of AllianceBernstein National Municipal Income Fund by 4.3% in the 3rd 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. Finally, Dakota Wealth Management lifted its holdings in shares of AllianceBernstein National Municipal Income Fund by 4.4% in the 4th 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 during the last quarter.

AllianceBernstein National Municipal Income Fund Stock Performance

Shares of AFB stock opened at $11.14 on Wednesday. AllianceBernstein National Municipal Income Fund, Inc. has a 52-week low of $10.33 and a 52-week high of $11.95. The stock’s 50-day moving average price is $11.00 and its 200 day moving average price is $11.30.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its quarterly earnings results on Monday, December 30th. The investment management company reported $0.10 earnings per share (EPS) 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. Investors of record on Thursday, February 6th will be paid 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.