Cetera Investment Advisers raised its position in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 76.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 148,930 shares of the investment management company's stock after buying an additional 64,733 shares during the quarter. Cetera Investment Advisers owned 0.38% of Eaton Vance Municipal Income Trust worth $1,506,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EVN. Walleye Capital LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $114,000. Ackerman Capital Advisors LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $142,000. Landscape Capital Management L.L.C. bought a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $150,000. one8zero8 LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $182,000. Finally, HighTower Advisors LLC lifted its position in shares of Eaton Vance Municipal Income Trust by 14.4% during 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 during the period.
Eaton Vance Municipal Income Trust Price Performance
Shares of EVN stock traded down $0.00 on Monday, hitting $10.18. 76,986 shares of the company's stock were exchanged, compared to its average volume of 100,902. Eaton Vance Municipal Income Trust has a 12 month low of $9.59 and a 12 month high of $11.31. The company has a 50 day moving average of $10.18 and a 200 day moving average of $10.33.
Eaton Vance Municipal Income Trust Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, May 23rd. Investors of record on Tuesday, May 13th were given a dividend of $0.0513 per share. The ex-dividend date of this dividend was Tuesday, May 13th. This represents a $0.62 annualized dividend and a dividend yield of 6.05%.
Insider Buying and Selling
In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.00% of the stock is owned by corporate insiders.
Eaton Vance Municipal Income Trust Company Profile
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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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