Noble Wealth Management PBC Acquires Shares of 51,377 Eaton Vance Municipal Income Trust (NYSE:EVN)

Noble Wealth Management PBC purchased a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 51,377 shares of the investment management company's stock, valued at approximately $519,000. Noble Wealth Management PBC owned 0.13% of Eaton Vance Municipal Income Trust at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in EVN. Whipplewood Advisors LLC bought a new position in Eaton Vance Municipal Income Trust in the 4th quarter worth approximately $898,000. Ackerman Capital Advisors LLC acquired a new position in Eaton Vance Municipal Income Trust during the 4th quarter worth $142,000. Rothschild Investment LLC grew its stake in shares of Eaton Vance Municipal Income Trust by 5.1% in the fourth quarter. Rothschild Investment LLC now owns 205,100 shares of the investment management company's stock worth $2,074,000 after purchasing an additional 10,000 shares in the last quarter. Van ECK Associates Corp increased its holdings in shares of Eaton Vance Municipal Income Trust by 30.6% during the fourth quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company's stock valued at $3,002,000 after purchasing an additional 69,652 shares during the period. Finally, Moloney Securities Asset Management LLC raised its stake in shares of Eaton Vance Municipal Income Trust by 8.8% during the fourth quarter. Moloney Securities Asset Management LLC now owns 139,942 shares of the investment management company's stock valued at $1,415,000 after purchasing an additional 11,309 shares in the last quarter.

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Eaton Vance Municipal Income Trust Stock Performance

EVN stock traded up $0.04 during trading on Wednesday, hitting $10.71. The company had a trading volume of 48,782 shares, compared to its average volume of 100,639. The business has a 50 day moving average of $10.36 and a 200 day moving average of $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 Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 13th will be issued a $0.0513 dividend. This represents a $0.62 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend is Thursday, March 13th.

Insider Activity at Eaton Vance Municipal Income Trust

In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.00% of the company's stock.

Eaton Vance Municipal Income Trust Company Profile

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.