HighTower Advisors LLC lifted its holdings in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Free Report) by 17.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,339 shares of the investment management company’s stock after purchasing an additional 8,083 shares during the period. HighTower Advisors LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $591,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors also recently bought and sold shares of AFB. Ackerman Capital Advisors LLC acquired a new stake in AllianceBernstein National Municipal Income Fund in the fourth quarter valued at approximately $112,000. LifeGoal Wealth Advisors purchased a new position in shares of AllianceBernstein National Municipal Income Fund during the 4th quarter valued at approximately $116,000. Noble Wealth Management PBC acquired a new stake in AllianceBernstein National Municipal Income Fund in the 4th quarter valued at $153,000. Sanctuary Advisors LLC acquired a new stake in AllianceBernstein National Municipal Income Fund in the 3rd quarter valued at $181,000. Finally, Raymond James Financial Inc. purchased a new stake in AllianceBernstein National Municipal Income Fund in the 4th quarter worth $268,000.
AllianceBernstein National Municipal Income Fund Stock Down 0.0 %
AFB opened at $10.82 on Friday. The firm’s fifty day simple moving average is $11.06 and its two-hundred day simple moving average is $11.23. 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 Announces Dividend
The company also recently declared a monthly dividend, which will be paid on Friday, April 25th. Stockholders of record on Thursday, April 3rd will be paid a $0.0396 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date is Thursday, April 3rd.
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.
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