Shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.35 and traded as high as $10.46. Eaton Vance Municipal Income Trust shares last traded at $10.39, with a volume of 85,905 shares traded.
Eaton Vance Municipal Income Trust Stock Performance
The stock's 50 day moving average is $10.40 and its two-hundred day moving average is $10.35.
Eaton Vance Municipal Income Trust Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, August 25th. Shareholders of record on Wednesday, August 13th will be given a $0.0513 dividend. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.
Hedge Funds Weigh In On Eaton Vance Municipal Income Trust
Several large investors have recently bought and sold shares of EVN. Dagco Inc. purchased a new position in Eaton Vance Municipal Income Trust in the first quarter valued at $25,000. Abel Hall LLC purchased a new position in shares of Eaton Vance Municipal Income Trust in the 2nd quarter valued at $102,000. PNC Financial Services Group Inc. grew its position in shares of Eaton Vance Municipal Income Trust by 33.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 10,613 shares of the investment management company's stock valued at $109,000 after buying an additional 2,672 shares during the last quarter. Walleye Capital LLC purchased a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter valued at $114,000. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Eaton Vance Municipal Income Trust in the 2nd quarter valued at $160,000.
Eaton Vance Municipal Income Trust Company Profile
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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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