Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $10.58 and traded as high as $10.63. Eaton Vance Municipal Income Trust shares last traded at $10.60, with a volume of 101,319 shares.
Eaton Vance Municipal Income Trust Trading Up 0.2 %
The stock's fifty day simple moving average is $10.26 and its two-hundred day simple moving average is $10.58.
Eaton Vance Municipal Income Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Monday, February 24th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.0513 per share. The ex-dividend date is Thursday, February 13th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.74%.
Institutional Trading of Eaton Vance Municipal Income Trust
Large investors have recently modified their holdings of the company. Raymond James & Associates increased its holdings in shares of Eaton Vance Municipal Income Trust by 0.4% in the 3rd quarter. Raymond James & Associates now owns 274,966 shares of the investment management company's stock worth $3,016,000 after acquiring an additional 1,210 shares during the period. Stifel Financial Corp increased its holdings in shares of Eaton Vance Municipal Income Trust by 33.0% in the 3rd quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company's stock worth $668,000 after acquiring an additional 15,101 shares during the period. HighTower Advisors LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust in the 3rd quarter worth about $231,000. InTrack Investment Management Inc increased its holdings in shares of Eaton Vance Municipal Income Trust by 93.1% in the 4th quarter. InTrack Investment Management Inc now owns 125,661 shares of the investment management company's stock worth $1,259,000 after acquiring an additional 60,577 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in Eaton Vance Municipal Income Trust during the 3rd quarter valued at about $816,000.
Eaton Vance Municipal Income Trust Company Profile
(
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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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