Van ECK Associates Corp increased its position in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 30.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 296,961 shares of the investment management company's stock after buying an additional 69,652 shares during the quarter. Van ECK Associates Corp owned about 0.75% of Eaton Vance Municipal Income Trust worth $3,002,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Raymond James & Associates raised its position in Eaton Vance Municipal Income Trust by 0.4% during the third quarter. Raymond James & Associates now owns 274,966 shares of the investment management company's stock valued at $3,016,000 after buying an additional 1,210 shares during the period. Janney Montgomery Scott LLC raised its position in Eaton Vance Municipal Income Trust by 0.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 235,550 shares of the investment management company's stock valued at $2,381,000 after buying an additional 1,345 shares during the period. Pathway Financial Advisers LLC raised its position in Eaton Vance Municipal Income Trust by 997.0% during the third quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company's stock valued at $80,000 after buying an additional 6,630 shares during the period. Park Avenue Securities LLC raised its position in 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 buying an additional 6,912 shares during the period. Finally, Horizon Kinetics Asset Management LLC acquired a new position in Eaton Vance Municipal Income Trust during the third quarter valued at $110,000.
Eaton Vance Municipal Income Trust Stock Up 0.2 %
NYSE:EVN traded up $0.03 during trading hours on Friday, hitting $10.73. 61,509 shares of the company's stock traded hands, compared to its average volume of 101,200. Eaton Vance Municipal Income Trust has a twelve month low of $9.79 and a twelve month high of $11.31. The stock's fifty day moving average price is $10.26 and its two-hundred day moving average price is $10.58.
Eaton Vance Municipal Income Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Monday, February 24th. Investors of record on Thursday, February 13th will be given a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a yield of 5.74%. The ex-dividend date of this dividend is Thursday, February 13th.
Eaton Vance Municipal Income Trust 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.
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