Wolverine Asset Management LLC Reduces Stock Position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Wolverine Asset Management LLC lowered its holdings in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 73.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,039 shares of the investment management company’s stock after selling 19,743 shares during the quarter. Wolverine Asset Management LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $77,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Pathstone Holdings LLC boosted its holdings in AllianceBernstein National Municipal Income Fund by 5.0% during the 3rd quarter. Pathstone Holdings LLC now owns 2,032,729 shares of the investment management company’s stock valued at $23,988,000 after acquiring an additional 96,119 shares during the period. Rivernorth Capital Management LLC boosted its holdings in AllianceBernstein National Municipal Income Fund by 24.2% during the 3rd quarter. Rivernorth Capital Management LLC now owns 1,192,205 shares of the investment management company’s stock valued at $14,068,000 after acquiring an additional 232,205 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in AllianceBernstein National Municipal Income Fund by 2.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 814,453 shares of the investment management company’s stock valued at $8,853,000 after acquiring an additional 23,304 shares during the period. Hennion & Walsh Asset Management Inc. boosted its holdings in AllianceBernstein National Municipal Income Fund by 14.1% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 592,728 shares of the investment management company’s stock valued at $6,443,000 after acquiring an additional 73,447 shares during the period. Finally, Advisors Asset Management Inc. boosted its holdings in AllianceBernstein National Municipal Income Fund by 15.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 456,237 shares of the investment management company’s stock valued at $5,384,000 after acquiring an additional 62,304 shares during the period.

AllianceBernstein National Municipal Income Fund Stock Performance

AFB opened at $11.20 on Tuesday. AllianceBernstein National Municipal Income Fund, Inc. has a 52-week low of $10.33 and a 52-week high of $11.95. The business has a fifty day moving average of $10.99 and a 200 day moving average of $11.30.

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

AllianceBernstein National Municipal Income Fund Announces Dividend

The company also recently announced a monthly dividend, which was paid on Friday, February 21st. Shareholders of record on Thursday, February 6th were issued a $0.0396 dividend. This represents a $0.48 annualized dividend and a dividend yield of 4.25%. The ex-dividend date of this dividend was Thursday, February 6th.

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.