Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.31 and traded as high as $10.71. Eaton Vance Municipal Income Trust shares last traded at $10.64, with a volume of 213,014 shares.
Eaton Vance Municipal Income Trust Stock Performance
The company has a 50 day moving average of $10.30 and a 200 day moving average of $10.32.
Eaton Vance Municipal Income Trust Dividend Announcement
The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 23rd. Investors of record on Friday, July 11th were given a $0.0513 dividend. The ex-dividend date was Friday, July 11th. This represents a $0.62 annualized dividend and a yield of 5.85%.
Institutional Investors Weigh In On Eaton Vance Municipal Income Trust
Several institutional investors have recently added to or reduced their stakes in EVN. HighTower Advisors LLC lifted its position in Eaton Vance Municipal Income Trust by 14.4% in the 4th quarter. HighTower Advisors LLC now owns 24,148 shares of the investment management company's stock valued at $244,000 after acquiring an additional 3,035 shares in the last quarter. LPL Financial LLC lifted its position in Eaton Vance Municipal Income Trust by 2.3% in the 4th quarter. LPL Financial LLC now owns 151,880 shares of the investment management company's stock valued at $1,536,000 after acquiring an additional 3,477 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in Eaton Vance Municipal Income Trust in the 4th quarter valued at $150,000. Envestnet Asset Management Inc. boosted its stake in shares of Eaton Vance Municipal Income Trust by 3.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 108,624 shares of the investment management company's stock worth $1,098,000 after buying an additional 3,145 shares during the last quarter. Finally, Invesco Ltd. boosted its stake in shares of Eaton Vance Municipal Income Trust by 85.8% during the 4th quarter. Invesco Ltd. now owns 124,873 shares of the investment management company's stock worth $1,262,000 after buying an additional 57,662 shares during the last quarter.
About Eaton Vance Municipal Income Trust
(
Get 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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