Whipplewood Advisors LLC acquired a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 88,779 shares of the investment management company's stock, valued at approximately $898,000. Whipplewood Advisors LLC owned approximately 0.22% of Eaton Vance Municipal Income Trust at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Van ECK Associates Corp grew its holdings in shares of Eaton Vance Municipal Income Trust by 30.6% in the 4th quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company's stock valued at $3,002,000 after acquiring an additional 69,652 shares in the last quarter. Raymond James & Associates grew its holdings 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 worth $3,016,000 after purchasing an additional 1,210 shares during the period. Stifel Financial Corp grew its holdings in Eaton Vance Municipal Income Trust by 33.0% during the third quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company's stock worth $668,000 after purchasing an additional 15,101 shares during the period. HighTower Advisors LLC bought a new position in Eaton Vance Municipal Income Trust during the third quarter worth about $231,000. Finally, InTrack Investment Management Inc grew its holdings in Eaton Vance Municipal Income Trust by 93.1% during the fourth quarter. InTrack Investment Management Inc now owns 125,661 shares of the investment management company's stock worth $1,259,000 after purchasing an additional 60,577 shares during the period.
Eaton Vance Municipal Income Trust Trading Down 0.0 %
Eaton Vance Municipal Income Trust stock traded down $0.01 during midday trading on Friday, reaching $10.78. 58,065 shares of the company's stock were exchanged, compared to its average volume of 101,817. Eaton Vance Municipal Income Trust has a 52 week low of $9.79 and a 52 week high of $11.31. The stock's 50-day simple moving average is $10.33 and its 200 day simple moving average is $10.58.
Eaton Vance Municipal Income Trust Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Monday, February 24th. Investors of record on Thursday, February 13th were issued a dividend of $0.0513 per share. This represents a $0.62 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date was 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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