AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) Shares Acquired by Balanced Wealth Group LLC

Balanced Wealth Group LLC lifted its holdings in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 23.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 100,995 shares of the investment management company’s stock after buying an additional 19,318 shares during the quarter. AllianceBernstein National Municipal Income Fund makes up approximately 0.5% of Balanced Wealth Group LLC’s investment portfolio, making the stock its 25th largest position. Balanced Wealth Group LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $1,117,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Stifel Financial Corp boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 4.3% during the third quarter. Stifel Financial Corp now owns 35,722 shares of the investment management company’s stock worth $422,000 after buying an additional 1,460 shares during the period. Dakota Wealth Management boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 4.4% during the fourth quarter. Dakota Wealth Management now owns 43,066 shares of the investment management company’s stock worth $468,000 after buying an additional 1,800 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 1.6% during the fourth quarter. Bank of New York Mellon Corp now owns 130,799 shares of the investment management company’s stock worth $1,422,000 after buying an additional 2,077 shares during the period. Capital Investment Advisors LLC boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 4.2% during the fourth quarter. Capital Investment Advisors LLC now owns 81,333 shares of the investment management company’s stock worth $884,000 after buying an additional 3,267 shares during the period. Finally, Blue Bell Private Wealth Management LLC boosted its stake in shares of AllianceBernstein National Municipal Income Fund by 11.2% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 39,831 shares of the investment management company’s stock worth $433,000 after buying an additional 4,024 shares during the period.

AllianceBernstein National Municipal Income Fund Trading Down 0.6 %

Shares of AFB opened at $10.94 on Thursday. AllianceBernstein National Municipal Income Fund, Inc. has a fifty-two week low of $10.33 and a fifty-two week high of $11.95. The firm has a 50-day simple moving average of $11.05 and a 200-day simple moving average of $11.28.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last announced 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 company also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 6th will be given a $0.0396 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.48 dividend on an annualized basis and a yield of 4.34%.

About AllianceBernstein National Municipal Income Fund

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.