Keybank National Association OH Increases Stock Holdings in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Keybank National Association OH increased its holdings in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 29.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 883,524 shares of the investment management company’s stock after acquiring an additional 203,057 shares during the quarter. Keybank National Association OH’s holdings in AllianceBernstein National Municipal Income Fund were worth $9,604,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AFB. Private Advisor Group LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund during the 3rd quarter valued at $139,000. Wolverine Asset Management LLC boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 39.6% during the 3rd quarter. Wolverine Asset Management LLC now owns 26,782 shares of the investment management company’s stock valued at $316,000 after buying an additional 7,600 shares in the last quarter. Pathstone Holdings LLC boosted its holdings in shares of 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 buying an additional 96,119 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in shares of 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 buying an additional 62,304 shares in the last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of AllianceBernstein National Municipal Income Fund by 10.4% during the 3rd quarter. HighTower Advisors LLC now owns 46,256 shares of the investment management company’s stock valued at $548,000 after buying an additional 4,346 shares in the last quarter.

AllianceBernstein National Municipal Income Fund Stock Performance

Shares of AFB stock opened at $11.26 on Thursday. AllianceBernstein National Municipal Income Fund, Inc. has a 12 month low of $10.33 and a 12 month high of $11.95. The company’s fifty day moving average price is $11.02 and its 200-day moving average price is $11.29.

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

AllianceBernstein National Municipal Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be given a $0.0396 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date of this dividend 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.