AllianceBernstein Natnl Muncpl Incm Fnd. (NYSE:AFB) Director Garry L. Moody purchased 1,810 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were acquired at an average price of $13.81 per share, for a total transaction of $24,996.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Shares of AllianceBernstein Natnl Muncpl Incm Fnd. stock traded up $0.07 on Thursday, reaching $13.85. 64,300 shares of the company’s stock were exchanged, compared to its average volume of 60,697. AllianceBernstein Natnl Muncpl Incm Fnd. has a 52 week low of $11.78 and a 52 week high of $13.86. The business has a 50-day moving average price of $13.56.

The firm also recently declared a monthly dividend, which will be paid on Friday, August 16th. Shareholders of record on Friday, August 2nd will be issued a dividend of $0.046 per share. This represents a $0.55 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend is Thursday, August 1st.

Several institutional investors have recently bought and sold shares of AFB. FNY Investment Advisers LLC bought a new position in shares of AllianceBernstein Natnl Muncpl Incm Fnd. in the 2nd quarter worth $56,000. CFO4Life Group LLC bought a new position in AllianceBernstein Natnl Muncpl Incm Fnd. during the 2nd quarter valued at $173,000. Raymond James Trust N.A. lifted its stake in AllianceBernstein Natnl Muncpl Incm Fnd. by 37.2% during the 1st quarter. Raymond James Trust N.A. now owns 14,413 shares of the investment management company’s stock valued at $187,000 after acquiring an additional 3,909 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in AllianceBernstein Natnl Muncpl Incm Fnd. by 14.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 22,450 shares of the investment management company’s stock valued at $291,000 after acquiring an additional 2,750 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in AllianceBernstein Natnl Muncpl Incm Fnd. by 23.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 23,567 shares of the investment management company’s stock valued at $317,000 after acquiring an additional 4,464 shares in the last quarter.

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.

Recommended Story: Asset Allocation and Your Retirement

Receive News & Ratings for AllianceBernstein Natnl Muncpl Incm Fnd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AllianceBernstein Natnl Muncpl Incm Fnd. and related companies with MarketBeat.com's FREE daily email newsletter.