Almitas Capital LLC decreased its holdings in shares of Eaton Vance California Municipal Income Trust (NYSE:CEV - Free Report) by 54.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 43,465 shares of the company's stock after selling 51,401 shares during the period. Almitas Capital LLC's holdings in Eaton Vance California Municipal Income Trust were worth $436,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the stock. Noble Wealth Management PBC acquired a new position in Eaton Vance California Municipal Income Trust in the fourth quarter valued at about $32,000. Whipplewood Advisors LLC acquired a new stake in shares of Eaton Vance California Municipal Income Trust in the 4th quarter valued at approximately $169,000. Wealthspire Advisors LLC boosted its stake in Eaton Vance California Municipal Income Trust by 68.1% during the 4th quarter. Wealthspire Advisors LLC now owns 24,196 shares of the company's stock worth $243,000 after acquiring an additional 9,805 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Eaton Vance California Municipal Income Trust during the fourth quarter valued at approximately $481,000. Finally, Wolverine Asset Management LLC increased its stake in Eaton Vance California Municipal Income Trust by 255.4% in the fourth quarter. Wolverine Asset Management LLC now owns 59,812 shares of the company's stock valued at $601,000 after purchasing an additional 42,983 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company's stock.
Eaton Vance California Municipal Income Trust Trading Down 0.5 %
Shares of NYSE CEV traded down $0.05 during midday trading on Monday, reaching $9.77. 40,513 shares of the stock were exchanged, compared to its average volume of 28,485. Eaton Vance California Municipal Income Trust has a 12 month low of $9.31 and a 12 month high of $11.29. The business has a 50-day simple moving average of $9.94 and a two-hundred day simple moving average of $10.18.
Eaton Vance California Municipal Income Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be paid a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a $0.60 dividend on an annualized basis and a yield of 6.14%.
Eaton Vance California Municipal Income Trust Profile
(
Free Report)
Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.
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