Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $10.30 and traded as high as $10.37. Eaton Vance Municipal Income Trust shares last traded at $10.28, with a volume of 67,007 shares changing hands.
Eaton Vance Municipal Income Trust Stock Up 0.6%
The stock's 50 day moving average is $10.29 and its 200 day moving average is $10.30.
Eaton Vance Municipal Income Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 23rd. Shareholders of record on Friday, July 11th will be given a dividend of $0.0513 per share. The ex-dividend date is Friday, July 11th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.98%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in EVN. ProVise Management Group LLC lifted its holdings in shares of Eaton Vance Municipal Income Trust by 1.0% during the 1st quarter. ProVise Management Group LLC now owns 98,623 shares of the investment management company's stock worth $1,012,000 after acquiring an additional 1,000 shares during the period. Cetera Investment Advisers raised its stake in shares of Eaton Vance Municipal Income Trust by 0.7% during the first quarter. Cetera Investment Advisers now owns 149,950 shares of the investment management company's stock valued at $1,538,000 after acquiring an additional 1,020 shares during the last quarter. Camelot Portfolios LLC raised its stake in shares of Eaton Vance Municipal Income Trust by 7.1% during the second quarter. Camelot Portfolios LLC now owns 18,556 shares of the investment management company's stock valued at $190,000 after acquiring an additional 1,235 shares during the last quarter. Janney Montgomery Scott LLC increased its position 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 worth $2,420,000 after buying an additional 1,849 shares during the period. Finally, HighTower Advisors LLC increased its position in shares of Eaton Vance Municipal Income Trust by 8.4% during the first quarter. HighTower Advisors LLC now owns 26,183 shares of the investment management company's stock worth $269,000 after buying an additional 2,035 shares during the period.
About Eaton Vance Municipal Income Trust
(
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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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