InTrack Investment Management Inc reduced its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 32.1% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 70,356 shares of the investment management company's stock after selling 33,296 shares during the quarter. InTrack Investment Management Inc owned about 0.18% of Eaton Vance Municipal Income Trust worth $720,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Dagco Inc. bought a new stake in Eaton Vance Municipal Income Trust in the first quarter worth approximately $25,000. Abel Hall LLC acquired a new stake in Eaton Vance Municipal Income Trust in the second quarter valued at approximately $102,000. PNC Financial Services Group Inc. grew its stake in Eaton Vance Municipal Income Trust by 33.6% in the first quarter. PNC Financial Services Group Inc. now owns 10,613 shares of the investment management company's stock valued at $109,000 after acquiring an additional 2,672 shares during the period. Camelot Portfolios LLC grew its stake in Eaton Vance Municipal Income Trust by 7.1% in 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 period. Finally, HighTower Advisors LLC grew its stake in Eaton Vance Municipal Income Trust by 8.4% in the first quarter. HighTower Advisors LLC now owns 26,183 shares of the investment management company's stock valued at $269,000 after acquiring an additional 2,035 shares during the period.
Eaton Vance Municipal Income Trust Price Performance
Shares of Eaton Vance Municipal Income Trust stock opened at $11.07 on Thursday. Eaton Vance Municipal Income Trust has a 52 week low of $9.59 and a 52 week high of $11.23. The stock has a 50 day moving average price of $10.73 and a two-hundred day moving average price of $10.41.
Eaton Vance Municipal Income Trust Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 23rd. Shareholders of record on Tuesday, October 14th will be paid a $0.0513 dividend. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Tuesday, October 14th.
Eaton Vance Municipal Income Trust Company Profile
(
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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