Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-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.
Eaton Vance Municipal Income Trust Trading Up 0.9%
The business'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 firm also recently announced a monthly dividend, which will be paid on Monday, August 25th. Stockholders of record on Wednesday, August 13th will be paid a dividend of $0.0513 per share. The ex-dividend date is Wednesday, August 13th. This represents a c) annualized dividend and a dividend yield of 5.9%.
Institutional Trading of Eaton Vance Municipal Income Trust
Several large investors have recently modified their holdings of the business. Raymond James Financial Inc. grew its stake in shares of Eaton Vance Municipal Income Trust by 12.0% during the second quarter. Raymond James Financial Inc. now owns 797,595 shares of the investment management company's stock valued at $8,159,000 after acquiring an additional 85,737 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Eaton Vance Municipal Income Trust by 14.1% during the second quarter. Bank of America Corp DE now owns 342,870 shares of the investment management company's stock valued at $3,508,000 after acquiring an additional 42,332 shares in the last quarter. Leigh Baldwin & CO. LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust during the fourth quarter valued at about $2,681,000. Janney Montgomery Scott LLC grew its stake in shares of Eaton Vance Municipal Income Trust by 0.8% during the second quarter. Janney Montgomery Scott LLC now owns 236,591 shares of the investment management company's stock valued at $2,420,000 after acquiring an additional 1,849 shares in the last quarter. Finally, Rothschild Investment LLC grew its stake in shares of Eaton Vance Municipal Income Trust by 1.5% during the first quarter. Rothschild Investment LLC now owns 208,100 shares of the investment management company's stock valued at $2,135,000 after acquiring an additional 3,000 shares in 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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