Pathstone Holdings LLC Has $23.99 Million Holdings in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Pathstone Holdings LLC raised its stake in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 5.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,032,729 shares of the investment management company’s stock after buying an additional 96,119 shares during the quarter. Pathstone Holdings LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $23,988,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AFB. Private Advisor Group LLC acquired a new stake in shares of AllianceBernstein National Municipal Income Fund in the 3rd quarter valued at approximately $139,000. Choreo LLC acquired a new stake in AllianceBernstein National Municipal Income Fund in the second quarter worth $252,000. Wolverine Asset Management LLC boosted its position in shares of 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 worth $316,000 after purchasing an additional 7,600 shares in the last quarter. Blue Bell Private Wealth Management LLC raised its stake in AllianceBernstein National Municipal Income Fund by 84.8% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 32,902 shares of the investment management company’s stock worth $366,000 after buying an additional 15,102 shares during the period. Finally, Rothschild Investment LLC acquired a new stake in AllianceBernstein National Municipal Income Fund during the 2nd quarter worth approximately $891,000.

AllianceBernstein National Municipal Income Fund Trading Down 0.9 %

AllianceBernstein National Municipal Income Fund stock opened at $11.22 on Wednesday. The company has a 50 day moving average of $11.52 and a 200-day moving average of $11.27. AllianceBernstein National Municipal Income Fund, Inc. has a twelve month low of $10.13 and a twelve month high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last released its quarterly earnings results on Friday, September 27th. The investment management company reported $0.11 earnings per share (EPS) for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, November 7th will be paid a $0.0396 dividend. This represents a $0.48 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Thursday, November 7th.

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.