Hennion & Walsh Asset Management Inc. purchased a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 171,350 shares of the investment management company's stock, valued at approximately $1,758,000. Hennion & Walsh Asset Management Inc. owned 0.43% of Eaton Vance Municipal Income Trust at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in EVN. Moloney Securities Asset Management LLC grew its stake in shares of Eaton Vance Municipal Income Trust by 8.8% in the 4th quarter. Moloney Securities Asset Management LLC now owns 139,942 shares of the investment management company's stock valued at $1,415,000 after buying an additional 11,309 shares during the period. Van ECK Associates Corp grew its stake in shares of Eaton Vance Municipal Income Trust by 30.6% in the 4th quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company's stock valued at $3,002,000 after buying an additional 69,652 shares during the period. Rothschild Investment LLC grew its stake in shares of Eaton Vance Municipal Income Trust by 5.1% in the 4th quarter. Rothschild Investment LLC now owns 205,100 shares of the investment management company's stock valued at $2,074,000 after buying an additional 10,000 shares during the period. Ackerman Capital Advisors LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 4th quarter valued at approximately $142,000. Finally, Whipplewood Advisors LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 4th quarter valued at approximately $898,000.
Eaton Vance Municipal Income Trust Stock Performance
Shares of Eaton Vance Municipal Income Trust stock traded down $0.03 during mid-day trading on Friday, hitting $10.20. The stock had a trading volume of 34,444 shares, compared to its average volume of 100,242. The firm has a 50-day moving average of $10.15 and a two-hundred day moving average of $10.32. Eaton Vance Municipal Income Trust has a 12-month low of $9.59 and a 12-month high of $11.31.
Eaton Vance Municipal Income Trust Dividend Announcement
The company also recently declared a monthly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Friday, June 13th will be paid a $0.0513 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $0.62 annualized dividend and a dividend yield of 6.04%.
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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