AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) Shares Sold by HUB Investment Partners LLC

HUB Investment Partners LLC lowered its stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 21.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,546 shares of the investment management company’s stock after selling 6,454 shares during the quarter. HUB Investment Partners LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $256,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Stifel Financial Corp lifted its position 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 lifted its position 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 lifted its position 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 lifted its position 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 lifted its position 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 Stock Up 0.5 %

NYSE AFB opened at $10.98 on Friday. The firm’s 50-day moving average is $11.05 and its two-hundred day moving average is $11.25. 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 results 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 business also recently declared a monthly dividend, which was paid on Friday, March 21st. Shareholders of record on Thursday, March 6th were paid a $0.0396 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.48 annualized dividend and a yield of 4.33%.

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.