InTrack Investment Management Inc increased its stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 93.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,661 shares of the investment management company's stock after purchasing an additional 60,577 shares during the quarter. InTrack Investment Management Inc owned about 0.32% of Eaton Vance Municipal Income Trust worth $1,259,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the stock. Park Avenue Securities LLC lifted its stake in shares of Eaton Vance Municipal Income Trust by 7.4% during the fourth quarter. Park Avenue Securities LLC now owns 100,354 shares of the investment management company's stock valued at $1,015,000 after acquiring an additional 6,912 shares during the period. Sanctuary Advisors LLC lifted its position in Eaton Vance Municipal Income Trust by 52.6% during the 3rd quarter. Sanctuary Advisors LLC now owns 46,393 shares of the investment management company's stock valued at $482,000 after purchasing an additional 16,000 shares during the period. Stifel Financial Corp boosted its stake 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 valued at $668,000 after purchasing an additional 15,101 shares during the last quarter. HighTower Advisors LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust during the 3rd quarter worth approximately $231,000. Finally, Horizon Kinetics Asset Management LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the third quarter worth approximately $110,000.
Eaton Vance Municipal Income Trust Trading Up 0.4 %
NYSE EVN traded up $0.04 during trading hours on Friday, hitting $10.22. The company's stock had a trading volume of 91,665 shares, compared to its average volume of 157,439. The stock has a fifty day moving average of $10.32 and a 200 day moving average of $10.58. Eaton Vance Municipal Income Trust has a twelve month low of $9.68 and a twelve month high of $11.31.
Eaton Vance Municipal Income Trust Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, January 22nd. Stockholders of record on Monday, January 13th will be paid a $0.0513 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date of this dividend is Monday, January 13th.
Eaton Vance Municipal Income Trust Company Profile
(
Free Report)
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.
Read More
Before you consider Eaton Vance Municipal Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eaton Vance Municipal Income Trust wasn't on the list.
While Eaton Vance Municipal Income Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
