Nomura Holdings Inc. bought a new position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 26,000 shares of the investment management company's stock, valued at approximately $263,000. Nomura Holdings Inc. owned 0.07% of Eaton Vance Municipal Income Trust at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Janney Montgomery Scott LLC raised its position in shares of Eaton Vance Municipal Income Trust by 0.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 235,550 shares of the investment management company's stock worth $2,381,000 after buying an additional 1,345 shares during the period. HighTower Advisors LLC increased its position in shares of Eaton Vance Municipal Income Trust by 14.4% in the 4th quarter. HighTower Advisors LLC now owns 24,148 shares of the investment management company's stock worth $244,000 after purchasing an additional 3,035 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Eaton Vance Municipal Income Trust by 3.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 108,624 shares of the investment management company's stock valued at $1,098,000 after buying an additional 3,145 shares in the last quarter. LPL Financial LLC boosted its holdings in Eaton Vance Municipal Income Trust by 2.3% in the fourth quarter. LPL Financial LLC now owns 151,880 shares of the investment management company's stock worth $1,536,000 after purchasing an additional 3,477 shares during the period. Finally, Stifel Financial Corp boosted its holdings in shares of Eaton Vance Municipal Income Trust by 5.8% in the 4th quarter. Stifel Financial Corp now owns 64,384 shares of the investment management company's stock valued at $651,000 after buying an additional 3,517 shares during the period.
Eaton Vance Municipal Income Trust Stock Performance
Shares of EVN traded up $0.01 during midday trading on Wednesday, hitting $10.24. 26,660 shares of the stock traded hands, compared to its average volume of 95,864. The business's 50 day moving average price is $10.18 and its two-hundred day moving average price is $10.33. Eaton Vance Municipal Income Trust has a 1-year low of $9.59 and a 1-year high of $11.31.
Eaton Vance Municipal Income Trust Announces Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th were paid a $0.0513 dividend. The ex-dividend date was Tuesday, May 13th. This represents a $0.62 annualized dividend and a dividend yield of 6.01%.
Insider Activity
In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of Eaton Vance Municipal Income Trust stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total transaction of $159,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.00% of the company's stock.
Eaton Vance Municipal Income Trust 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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