Eaton Vance Municipal Income Trust (NYSE:EVN - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $10.36 and traded as high as $11.09. Eaton Vance Municipal Income Trust shares last traded at $11.07, with a volume of 71,262 shares changing hands.
Eaton Vance Municipal Income Trust Price Performance
The firm has a 50-day moving average of $10.55 and a 200 day moving average of $10.36.
Eaton Vance Municipal Income Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 24th. Investors of record on Friday, September 12th will be given a $0.0513 dividend. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Friday, September 12th.
Institutional Trading of Eaton Vance Municipal Income Trust
Several large investors have recently added to or reduced their stakes in EVN. Bank of America Corp DE increased its position in Eaton Vance Municipal Income Trust by 4.6% in the 4th quarter. Bank of America Corp DE now owns 254,071 shares of the investment management company's stock valued at $2,569,000 after acquiring an additional 11,080 shares during the period. Nomura Holdings Inc. acquired a new position in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $263,000. Leigh Baldwin & CO. LLC acquired a new position in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $265,000. Rothschild Investment LLC increased its position in shares of Eaton Vance Municipal Income Trust by 1.5% during the 1st quarter. Rothschild Investment LLC now owns 208,100 shares of the investment management company's stock valued at $2,135,000 after purchasing an additional 3,000 shares during the period. Finally, Integrated Capital Management Inc. increased its position in shares of Eaton Vance Municipal Income Trust by 17.5% during the 1st quarter. Integrated Capital Management Inc. now owns 22,310 shares of the investment management company's stock valued at $229,000 after purchasing an additional 3,325 shares during the period.
Eaton Vance Municipal Income Trust Company Profile
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Eaton Vance Municipal Income Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Eaton Vance Municipal Income Trust wasn't on the list.
While Eaton Vance Municipal Income Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
