Allspring Global Investments Holdings LLC boosted its stake in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Free Report) by 21.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 990,611 shares of the investment management company’s stock after buying an additional 176,158 shares during the period. Allspring Global Investments Holdings LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $10,213,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of AFB. Riverbridge Partners LLC raised its holdings in AllianceBernstein National Municipal Income Fund by 9.5% during the 1st quarter. Riverbridge Partners LLC now owns 66,142 shares of the investment management company’s stock worth $718,000 after buying an additional 5,758 shares during the period. Avior Wealth Management LLC raised its holdings in AllianceBernstein National Municipal Income Fund by 22.2% during the 1st quarter. Avior Wealth Management LLC now owns 33,571 shares of the investment management company’s stock worth $365,000 after buying an additional 6,095 shares during the period. Keybank National Association OH raised its holdings in AllianceBernstein National Municipal Income Fund by 3.0% during the 1st quarter. Keybank National Association OH now owns 910,140 shares of the investment management company’s stock worth $9,884,000 after buying an additional 26,616 shares during the period. U.S. Capital Wealth Advisors LLC acquired a new stake in AllianceBernstein National Municipal Income Fund during the 1st quarter worth about $120,000. Finally, Dakota Wealth Management increased its holdings in shares of AllianceBernstein National Municipal Income Fund by 59.8% in the 1st quarter. Dakota Wealth Management now owns 68,827 shares of the investment management company’s stock valued at $747,000 after purchasing an additional 25,761 shares during the period.
AllianceBernstein National Municipal Income Fund Trading Down 0.4%
Shares of AFB opened at $10.90 on Friday. AllianceBernstein National Municipal Income Fund, Inc. has a fifty-two week low of $9.78 and a fifty-two week high of $11.75. The business’s 50-day moving average is $10.62 and its 200-day moving average is $10.39.
AllianceBernstein National Municipal Income Fund Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, October 2nd were issued a $0.0466 dividend. The ex-dividend date was Thursday, October 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%.
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.
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