Raymond James Financial Inc. boosted its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 5.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 711,858 shares of the investment management company's stock after acquiring an additional 37,539 shares during the quarter. Raymond James Financial Inc. owned 1.79% of Eaton Vance Municipal Income Trust worth $7,304,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of EVN. Leigh Baldwin & CO. LLC purchased a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth about $2,681,000. Hennion & Walsh Asset Management Inc. bought a new position in shares of Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $1,758,000. Cetera Investment Advisers increased its position in Eaton Vance Municipal Income Trust by 76.9% during the 4th quarter. Cetera Investment Advisers now owns 148,930 shares of the investment management company's stock valued at $1,506,000 after buying an additional 64,733 shares in the last quarter. Invesco Ltd. increased its position in Eaton Vance Municipal Income Trust by 34.2% during the 1st quarter. Invesco Ltd. now owns 167,597 shares of the investment management company's stock valued at $1,720,000 after buying an additional 42,724 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in shares of Eaton Vance Municipal Income Trust by 26.4% in the 1st quarter. LPL Financial LLC now owns 192,051 shares of the investment management company's stock worth $1,970,000 after purchasing an additional 40,171 shares in the last quarter.
Eaton Vance Municipal Income Trust Stock Performance
Shares of EVN traded up $0.23 during trading hours on Friday, hitting $10.67. The stock had a trading volume of 147,830 shares, compared to its average volume of 90,950. Eaton Vance Municipal Income Trust has a 12 month low of $9.59 and a 12 month high of $11.31. The stock has a fifty day moving average price of $10.44 and a 200 day moving average price of $10.34.
Eaton Vance Municipal Income Trust Dividend Announcement
The business also recently declared a monthly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Friday, September 12th will be issued a dividend of $0.0513 per share. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend is Friday, September 12th.
About Eaton Vance Municipal Income Trust
(
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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