Park Avenue Securities LLC lifted its stake in shares of AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB) by 49.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,489 shares of the investment management company’s stock after buying an additional 5,127 shares during the quarter. Park Avenue Securities LLC’s holdings in AllianceBernstein Natnl Muncpl Incm Fnd. were worth $488,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. SG Americas Securities LLC acquired a new stake in shares of AllianceBernstein Natnl Muncpl Incm Fnd. during the fourth quarter worth approximately $669,000. Crestwood Advisors Group LLC acquired a new stake in shares of AllianceBernstein Natnl Muncpl Incm Fnd. during the third quarter worth approximately $592,000. Wells Fargo & Company MN grew its position in shares of AllianceBernstein Natnl Muncpl Incm Fnd. by 11.5% during the third quarter. Wells Fargo & Company MN now owns 340,910 shares of the investment management company’s stock worth $4,759,000 after buying an additional 35,198 shares in the last quarter. Van ECK Associates Corp boosted its holdings in AllianceBernstein Natnl Muncpl Incm Fnd. by 4.9% in the third quarter. Van ECK Associates Corp now owns 84,057 shares of the investment management company’s stock worth $1,173,000 after purchasing an additional 3,948 shares during the period. Finally, Commonwealth Equity Services Inc boosted its holdings in AllianceBernstein Natnl Muncpl Incm Fnd. by 17.6% in the third quarter. Commonwealth Equity Services Inc now owns 99,302 shares of the investment management company’s stock worth $1,386,000 after purchasing an additional 14,861 shares during the period.

AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE AFB) opened at $12.64 on Friday. AllianceBernstein Natnl Muncpl Incm Fnd. has a 1-year low of $12.61 and a 1-year high of $14.22.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 16th. Shareholders of record on Friday, February 2nd will be issued a $0.0458 dividend. This represents a $0.55 dividend on an annualized basis and a yield of 4.35%. The ex-dividend date is Thursday, February 1st.

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AllianceBernstein Natnl Muncpl Incm Fnd. Company Profile

AllianceBernstein National Municipal Income Fund, Inc is a diversified, closed-end management investment company. The Fund seeks to provide high current income exempt from regular federal income tax by investing substantially all of its net assets in municipal securities that pay interest that is exempt from federal income tax.

Want to see what other hedge funds are holding AFB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB).

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

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