Wolverine Asset Management LLC Sells 19,743 Shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Wolverine Asset Management LLC decreased its position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 73.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,039 shares of the investment management company’s stock after selling 19,743 shares during the quarter. Wolverine Asset Management LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $77,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in AFB. Private Advisor Group LLC bought a new stake in AllianceBernstein National Municipal Income Fund in the 3rd quarter worth approximately $139,000. Balanced Wealth Group LLC increased its stake in AllianceBernstein National Municipal Income Fund by 18.6% in the 3rd quarter. Balanced Wealth Group LLC now owns 81,677 shares of the investment management company’s stock worth $964,000 after acquiring an additional 12,819 shares during the last quarter. Pathstone Holdings LLC increased its stake in AllianceBernstein National Municipal Income Fund by 5.0% in the 3rd quarter. Pathstone Holdings LLC now owns 2,032,729 shares of the investment management company’s stock worth $23,988,000 after acquiring an additional 96,119 shares during the last quarter. Advisors Asset Management Inc. increased its stake in AllianceBernstein National Municipal Income Fund by 15.8% in the 3rd quarter. Advisors Asset Management Inc. now owns 456,237 shares of the investment management company’s stock worth $5,384,000 after acquiring an additional 62,304 shares during the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 10.4% in the 3rd quarter. HighTower Advisors LLC now owns 46,256 shares of the investment management company’s stock worth $548,000 after purchasing an additional 4,346 shares during the period.

AllianceBernstein National Municipal Income Fund Trading Down 0.1 %

Shares of AllianceBernstein National Municipal Income Fund stock opened at $11.20 on Tuesday. The stock has a 50 day moving average price of $10.99 and a 200-day moving average price of $11.30. AllianceBernstein National Municipal Income Fund, Inc. has a one year low of $10.33 and a one year high of $11.95.

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

AllianceBernstein National Municipal Income Fund Announces Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 21st. Stockholders of record on Thursday, February 6th were issued a $0.0396 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend was 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.