ProVise Management Group LLC Acquires 10,100 Shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

ProVise Management Group LLC grew its holdings in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 63.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,900 shares of the investment management company’s stock after acquiring an additional 10,100 shares during the period. ProVise Management Group LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Ackerman Capital Advisors LLC bought a new position in AllianceBernstein National Municipal Income Fund in the 4th quarter worth $112,000. LifeGoal Wealth Advisors bought a new position in AllianceBernstein National Municipal Income Fund in the 4th quarter worth $116,000. Noble Wealth Management PBC bought a new position in AllianceBernstein National Municipal Income Fund in the 4th quarter worth $153,000. Sanctuary Advisors LLC bought a new position in AllianceBernstein National Municipal Income Fund in the 3rd quarter worth $181,000. Finally, Raymond James Financial Inc. bought a new position in AllianceBernstein National Municipal Income Fund in the 4th quarter worth $268,000.

AllianceBernstein National Municipal Income Fund Stock Down 0.3 %

Shares of AllianceBernstein National Municipal Income Fund stock opened at $10.80 on Thursday. The company has a fifty day moving average of $11.05 and a 200 day moving average of $11.26. AllianceBernstein National Municipal Income Fund, Inc. has a fifty-two week low of $10.33 and a fifty-two week high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last announced its quarterly earnings results 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 declared a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be paid a $0.0396 dividend. This represents a $0.48 annualized dividend and a yield of 4.40%. 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.