Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) insider Cynthia Frost sold 15,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total transaction of $159,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Eaton Vance Municipal Income Trust Price Performance
EVN traded down $0.03 during trading hours on Friday, reaching $10.68. 42,195 shares of the stock traded hands, compared to its average volume of 99,774. The firm's fifty day simple moving average is $10.40 and its two-hundred day simple moving average is $10.58. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.79 and a fifty-two week high of $11.31.
Eaton Vance Municipal Income Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a yield of 5.76%. The ex-dividend date of this dividend is Thursday, March 13th.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Horizon Kinetics Asset Management LLC bought a new position in shares of Eaton Vance Municipal Income Trust in the 3rd quarter worth about $110,000. Walleye Capital LLC bought a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth about $114,000. Ackerman Capital Advisors LLC bought a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth about $142,000. Landscape Capital Management L.L.C. bought a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth about $150,000. Finally, one8zero8 LLC bought a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth about $182,000.
About Eaton Vance Municipal Income Trust
(
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Eaton Vance Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in investment grade municipal obligations of various sectors, such as cogeneration, education, electric utilities, general obligations, healthcare, hospital, housing, transportation, and nursing home.
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