LifeGoal Wealth Advisors Acquires New Position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

LifeGoal Wealth Advisors bought a new position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,698 shares of the investment management company’s stock, valued at approximately $116,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Ackerman Capital Advisors LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund in the 4th quarter worth approximately $112,000. Private Advisor Group LLC bought a new stake in AllianceBernstein National Municipal Income Fund in the third quarter worth $139,000. Sanctuary Advisors LLC purchased a new stake in AllianceBernstein National Municipal Income Fund during the third quarter valued at about $181,000. Wolverine Asset Management LLC boosted its position in AllianceBernstein National Municipal Income Fund by 39.6% during the third 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 during the period. Finally, Stifel Financial Corp grew 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 valued at $422,000 after buying an additional 1,460 shares during the last quarter.

AllianceBernstein National Municipal Income Fund Price Performance

NYSE AFB opened at $11.25 on Wednesday. AllianceBernstein National Municipal Income Fund, Inc. has a 1-year low of $10.33 and a 1-year high of $11.95. The stock has a 50-day moving average of $10.99 and a 200-day moving average of $11.30.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last announced its quarterly earnings data 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 declared a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 6th will be issued a $0.0396 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date of this dividend is Thursday, March 6th.

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.