AllianceBernstein National Municipal Income Fund (NYSE:AFB) Director Garry Moody Sells 13,500 Shares

AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) Director Garry Moody sold 13,500 shares of the stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $10.96, for a total value of $147,960.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

AllianceBernstein National Municipal Income Fund Trading Up 0.1%

AllianceBernstein National Municipal Income Fund stock opened at $10.97 on Thursday. AllianceBernstein National Municipal Income Fund, Inc. has a 12 month low of $10.05 and a 12 month high of $11.13. The stock has a 50-day moving average price of $10.83 and a two-hundred day moving average price of $10.87.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last posted its earnings results on Friday, March 27th. The investment management company reported $0.17 EPS for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 17th. Shareholders of record on Thursday, April 2nd were issued a dividend of $0.0502 per share. This represents a c) dividend on an annualized basis and a yield of 5.5%. The ex-dividend date of this dividend was Thursday, April 2nd.

Hedge Funds Weigh In On AllianceBernstein National Municipal Income Fund

Large investors have recently modified their holdings of the business. Elyxium Wealth LLC bought a new position in shares of AllianceBernstein National Municipal Income Fund during the fourth quarter valued at $43,000. Global Retirement Partners LLC lifted its stake in shares of AllianceBernstein National Municipal Income Fund by 367.0% in the fourth quarter. Global Retirement Partners LLC now owns 4,670 shares of the investment management company’s stock worth $51,000 after acquiring an additional 3,670 shares during the period. PNC Financial Services Group Inc. acquired a new position in shares of AllianceBernstein National Municipal Income Fund in the third quarter worth approximately $65,000. Geneos Wealth Management Inc. lifted its stake in shares of AllianceBernstein National Municipal Income Fund by 328.5% in the first quarter. Geneos Wealth Management Inc. now owns 7,315 shares of the investment management company’s stock worth $79,000 after acquiring an additional 5,608 shares during the period. Finally, Nomura Holdings Inc. acquired a new position in shares of AllianceBernstein National Municipal Income Fund in the second quarter worth approximately $103,000.

AllianceBernstein National Municipal Income Fund Company Profile

AllianceBernstein National Municipal Income Fund (NYSE: AFB) is a closed-end management investment company that primarily seeks to provide shareholders with a high level of federally tax-exempt income. The fund invests predominantly in a diversified portfolio of investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. These instruments include general obligation bonds, revenue bonds and other municipal debt obligations that offer tax-advantaged income potential for investors.

Under the management of AllianceBernstein L.P., the fund’s portfolio is constructed and monitored by a dedicated team of municipal credit analysts and portfolio managers.