Capital Investment Advisors LLC Has $1.70 Million Position in AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB)

Capital Investment Advisors LLC increased its stake in shares of AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB) by 71.7% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 130,876 shares of the investment management company’s stock after acquiring an additional 54,664 shares during the period. Capital Investment Advisors LLC’s holdings in AllianceBernstein Natnl Muncpl Incm Fnd. were worth $1,695,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wedbush Securities Inc. grew its holdings in AllianceBernstein Natnl Muncpl Incm Fnd. by 5.4% in the 4th quarter. Wedbush Securities Inc. now owns 19,957 shares of the investment management company’s stock valued at $242,000 after buying an additional 1,020 shares during the last quarter. RMB Capital Management LLC lifted its position in shares of AllianceBernstein Natnl Muncpl Incm Fnd. by 2.5% in the 4th quarter. RMB Capital Management LLC now owns 62,095 shares of the investment management company’s stock worth $753,000 after acquiring an additional 1,539 shares during the period. Bank of America Corp DE lifted its position in shares of AllianceBernstein Natnl Muncpl Incm Fnd. by 8.3% in the 4th quarter. Bank of America Corp DE now owns 26,589 shares of the investment management company’s stock worth $323,000 after acquiring an additional 2,042 shares during the period. 6 Meridian lifted its position in shares of AllianceBernstein Natnl Muncpl Incm Fnd. by 15.1% in the 1st quarter. 6 Meridian now owns 29,053 shares of the investment management company’s stock worth $376,000 after acquiring an additional 3,810 shares during the period. Finally, Raymond James Financial Services Advisors Inc. lifted its position in shares of AllianceBernstein Natnl Muncpl Incm Fnd. by 34.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 16,534 shares of the investment management company’s stock worth $201,000 after acquiring an additional 4,234 shares during the period.

Shares of AFB stock traded up $0.03 during mid-day trading on Friday, reaching $12.96. The stock had a trading volume of 44,485 shares, compared to its average volume of 67,058. AllianceBernstein Natnl Muncpl Incm Fnd. has a one year low of $11.78 and a one year high of $13.00.

The company also recently disclosed a monthly dividend, which will be paid on Friday, May 17th. Shareholders of record on Friday, May 3rd will be given a $0.0458 dividend. The ex-dividend date is Thursday, May 2nd. This represents a $0.55 dividend on an annualized basis and a dividend yield of 4.24%.

In other news, Director Marshall C. Turner acquired 2,000 shares of AllianceBernstein Natnl Muncpl Incm Fnd. stock in a transaction on Thursday, February 14th. The stock was bought at an average price of $12.73 per share, for a total transaction of $25,460.00. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

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AllianceBernstein Natnl Muncpl Incm Fnd. Company Profile

AllianceBernstein National Municipal Income Fund 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.

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Institutional Ownership by Quarter for AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB)

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