LifeGoal Wealth Advisors Purchases New Position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

LifeGoal Wealth Advisors acquired a new position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 10,698 shares of the investment management company’s stock, valued at approximately $116,000.

Other hedge funds have also bought and sold shares of the company. Ackerman Capital Advisors LLC bought a new position in shares of AllianceBernstein National Municipal Income Fund in the fourth quarter worth $112,000. Private Advisor Group LLC purchased a new position in AllianceBernstein National Municipal Income Fund during the 3rd quarter valued at about $139,000. Sanctuary Advisors LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund during the third quarter valued at about $181,000. Wolverine Asset Management LLC boosted its position in shares of AllianceBernstein National Municipal Income Fund by 39.6% in the third quarter. Wolverine Asset Management LLC now owns 26,782 shares of the investment management company’s stock valued at $316,000 after acquiring an additional 7,600 shares during the period. Finally, Stifel Financial Corp increased its holdings in AllianceBernstein National Municipal Income Fund by 4.3% during the 3rd quarter. Stifel Financial Corp now owns 35,722 shares of the investment management company’s stock worth $422,000 after acquiring an additional 1,460 shares during the period.

AllianceBernstein National Municipal Income Fund Price Performance

NYSE:AFB opened at $11.25 on Wednesday. The stock has a fifty day moving average of $10.99 and a 200 day moving average of $11.30. AllianceBernstein National Municipal Income Fund, Inc. has a 52-week low of $10.33 and a 52-week high of $11.95.

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

AllianceBernstein National Municipal Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 6th will be given a dividend of $0.0396 per share. This represents a $0.48 annualized dividend and a dividend yield of 4.23%. The ex-dividend date is Thursday, March 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.