Allspring Global Investments Holdings LLC lifted its position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB – Free Report) by 21.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 990,611 shares of the investment management company’s stock after buying an additional 176,158 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $10,213,000 as of its most recent filing with the SEC.
Other large investors have also made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in shares of AllianceBernstein National Municipal Income Fund by 328.5% in the 1st 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. Accredited Investor Services LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund in the 1st quarter valued at approximately $110,000. U.S. Capital Wealth Advisors LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund in the 1st quarter valued at approximately $120,000. Ackerman Capital Advisors LLC grew its stake in shares of AllianceBernstein National Municipal Income Fund by 35.7% in the 1st 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. Finally, Smith Asset Management Co. LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund in the 1st quarter valued at approximately $198,000.
AllianceBernstein National Municipal Income Fund Price Performance
Shares of NYSE AFB opened at $10.90 on Friday. The business has a 50 day simple moving average of $10.62 and a 200 day simple moving average of $10.39. AllianceBernstein National Municipal Income Fund, Inc. has a 52 week low of $9.78 and a 52 week high of $11.75.
AllianceBernstein National Municipal Income Fund Announces Dividend
The business also recently announced a monthly dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, October 2nd were given a dividend of $0.0466 per share. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a c) dividend on an annualized basis and a yield of 5.1%.
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.
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