Keybank National Association OH Buys 203,057 Shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Keybank National Association OH lifted its stake in shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 29.8% in the fourth quarter, HoldingsChannel reports. The fund owned 883,524 shares of the investment management company’s stock after acquiring an additional 203,057 shares during the period. 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 and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Stifel Financial Corp grew its stake in shares of AllianceBernstein National Municipal Income Fund by 4.3% during the 3rd quarter. Stifel Financial Corp now owns 35,722 shares of the investment management company’s stock valued at $422,000 after acquiring an additional 1,460 shares during the period. Sanctuary Advisors LLC bought a new position in AllianceBernstein National Municipal Income Fund in the 3rd quarter worth approximately $181,000. HighTower Advisors LLC boosted its stake in AllianceBernstein National Municipal Income Fund by 10.4% in the 3rd quarter. HighTower Advisors LLC now owns 46,256 shares of the investment management company’s stock worth $548,000 after purchasing an additional 4,346 shares during the period. Van ECK Associates Corp boosted its stake in AllianceBernstein National Municipal Income Fund by 3.0% in the 4th quarter. Van ECK Associates Corp now owns 239,815 shares of the investment management company’s stock worth $2,607,000 after purchasing an additional 7,015 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in AllianceBernstein National Municipal Income Fund by 2.9% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 814,453 shares of the investment management company’s stock worth $8,853,000 after purchasing an additional 23,304 shares during the period.

AllianceBernstein National Municipal Income Fund Stock Performance

AFB stock opened at $11.26 on Thursday. AllianceBernstein National Municipal Income Fund, Inc. has a 1-year low of $10.33 and a 1-year high of $11.95. The business has a 50 day simple moving average of $11.02 and a two-hundred day simple moving average of $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 for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

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

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.