Choreo LLC Sells 2,385 Shares of AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB)

Choreo LLC lowered its position in AllianceBernstein National Municipal Income Fund, Inc. (NYSE:AFB) by 13.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,453 shares of the investment management company’s stock after selling 2,385 shares during the quarter. Choreo LLC’s holdings in AllianceBernstein National Municipal Income Fund were worth $168,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Accredited Investor Services LLC purchased a new position in shares of AllianceBernstein National Municipal Income Fund during the first quarter valued at approximately $110,000. Dakota Wealth Management grew its holdings in AllianceBernstein National Municipal Income Fund by 59.8% during the 1st quarter. Dakota Wealth Management now owns 68,827 shares of the investment management company’s stock worth $747,000 after acquiring an additional 25,761 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in shares of AllianceBernstein National Municipal Income Fund in the 1st quarter valued at about $120,000. Keybank National Association OH raised its holdings in shares of AllianceBernstein National Municipal Income Fund by 3.0% in the 1st quarter. Keybank National Association OH now owns 910,140 shares of the investment management company’s stock valued at $9,884,000 after purchasing an additional 26,616 shares in the last quarter. Finally, Avior Wealth Management LLC lifted its position in shares of AllianceBernstein National Municipal Income Fund by 22.2% in the 1st quarter. Avior Wealth Management LLC now owns 33,571 shares of the investment management company’s stock worth $365,000 after purchasing an additional 6,095 shares during the period.

AllianceBernstein National Municipal Income Fund Stock Performance

AllianceBernstein National Municipal Income Fund stock opened at $10.13 on Friday. The business has a fifty day moving average of $10.21 and a two-hundred day moving average of $10.57. AllianceBernstein National Municipal Income Fund, Inc. has a twelve month low of $9.78 and a twelve month high of $11.95.

AllianceBernstein National Municipal Income Fund (NYSE:AFB) last issued its quarterly earnings data on Friday, June 27th. The investment management company reported $0.12 earnings per share (EPS) for the quarter.

AllianceBernstein National Municipal Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, August 22nd. Shareholders of record on Thursday, August 7th will be given a dividend of $0.0396 per share. The ex-dividend date of this dividend is Thursday, August 7th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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.