Rareview Capital LLC Reduces Holdings in AllianceBernstein National Municipal Income Fund, Inc. $AFB

Rareview Capital LLC reduced its stake in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 59.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,976 shares of the investment management company’s stock after selling 250,248 shares during the quarter. AllianceBernstein National Municipal Income Fund comprises approximately 1.0% of Rareview Capital LLC’s portfolio, making the stock its 29th largest holding. Rareview Capital LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $1,939,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of AFB. Fiera Capital Corp purchased a new position in shares of AllianceBernstein National Municipal Income Fund during the fourth quarter worth about $2,902,000. Guggenheim Capital LLC lifted its holdings in shares of AllianceBernstein National Municipal Income Fund by 49.3% in the 4th quarter. Guggenheim Capital LLC now owns 705,049 shares of the investment management company’s stock valued at $7,629,000 after purchasing an additional 232,964 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of AllianceBernstein National Municipal Income Fund by 375.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 286,422 shares of the investment management company’s stock valued at $3,108,000 after purchasing an additional 226,131 shares during the period. Pathstone Holdings LLC boosted its position in shares of AllianceBernstein National Municipal Income Fund by 7.2% in the 3rd quarter. Pathstone Holdings LLC now owns 2,143,102 shares of the investment management company’s stock valued at $23,253,000 after purchasing an additional 144,091 shares during the period. Finally, Altium Capital Management LLC boosted its position in shares of AllianceBernstein National Municipal Income Fund by 129.5% in the 1st quarter. Altium Capital Management LLC now owns 222,264 shares of the investment management company’s stock valued at $2,376,000 after purchasing an additional 125,415 shares during the period.

AllianceBernstein National Municipal Income Fund Stock Down 0.3%

AFB opened at $10.59 on Friday. AllianceBernstein National Municipal Income Fund, Inc. has a 52 week low of $10.38 and a 52 week high of $11.50. The business’s 50 day moving average is $11.04 and its two-hundred day moving average is $11.01.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last posted its quarterly earnings data on Friday, June 26th. The investment management company reported $0.15 earnings per share for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, September 18th. Investors of record on Thursday, September 3rd will be paid a dividend of $0.0502 per share. The ex-dividend date is Thursday, September 3rd. This represents a c) dividend on an annualized basis and a yield of 5.7%.

About AllianceBernstein National Municipal Income Fund

AllianceBernstein National Municipal Income Fund (NYSE: AFB) is a closed-end management investment company that primarily seeks to provide shareholders with a high level of federally tax-exempt income. The fund invests predominantly in a diversified portfolio of investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. These instruments include general obligation bonds, revenue bonds and other municipal debt obligations that offer tax-advantaged income potential for investors.

Under the management of AllianceBernstein L.P., the fund’s portfolio is constructed and monitored by a dedicated team of municipal credit analysts and portfolio managers.