Duncker Streett & Co. Inc. Takes Position in AllianceBernstein National Municipal Income Fund, Inc. $AFB

Duncker Streett & Co. Inc. bought a new stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 11,000 shares of the investment management company’s stock, valued at approximately $113,000.

Other institutional investors have also modified their holdings of the company. Riverbridge Partners LLC boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 4.3% in the second quarter. Riverbridge Partners LLC now owns 69,014 shares of the investment management company’s stock valued at $712,000 after buying an additional 2,872 shares in the last quarter. Ackerman Capital Advisors LLC boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 35.7% in the first quarter. Ackerman Capital Advisors LLC now owns 14,003 shares of the investment management company’s stock valued at $152,000 after buying an additional 3,686 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 328.5% in the first quarter. Geneos Wealth Management Inc. now owns 7,315 shares of the investment management company’s stock valued at $79,000 after buying an additional 5,608 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 22.2% in the first quarter. Avior Wealth Management LLC now owns 33,571 shares of the investment management company’s stock valued at $365,000 after buying an additional 6,095 shares in the last quarter. Finally, Accredited Investor Services LLC purchased a new stake in shares of AllianceBernstein National Municipal Income Fund in the first quarter valued at approximately $110,000.

AllianceBernstein National Municipal Income Fund Trading Up 0.2%

AFB opened at $10.92 on Thursday. The business’s fifty day moving average is $10.59 and its two-hundred day moving average is $10.39. AllianceBernstein National Municipal Income Fund, Inc. has a one year low of $9.78 and a one year high of $11.75.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last posted its earnings results on Friday, September 26th. The investment management company reported $0.14 EPS for the quarter.

AllianceBernstein National Municipal Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, October 17th. Shareholders of record on Thursday, October 2nd will be given a dividend of $0.0466 per share. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Thursday, October 2nd.

AllianceBernstein National Municipal Income Fund Company 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.