Guggenheim Capital LLC Reduces Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Guggenheim Capital LLC lessened its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 5.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 850,213 shares of the investment management company's stock after selling 48,340 shares during the quarter. Guggenheim Capital LLC owned approximately 2.14% of Eaton Vance Municipal Income Trust worth $8,596,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth $6,817,000. Van ECK Associates Corp boosted its stake in shares of Eaton Vance Municipal Income Trust by 30.6% during the 4th quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company's stock worth $3,002,000 after purchasing an additional 69,652 shares during the period. Janney Montgomery Scott LLC grew its holdings in Eaton Vance Municipal Income Trust by 0.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 235,550 shares of the investment management company's stock valued at $2,381,000 after purchasing an additional 1,345 shares during the last quarter. Rothschild Investment LLC raised its position in 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 worth $2,074,000 after purchasing an additional 10,000 shares during the period. Finally, LPL Financial LLC lifted its stake 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 last quarter.

Eaton Vance Municipal Income Trust Trading Up 0.4 %

Shares of NYSE EVN traded up $0.04 during midday trading on Tuesday, hitting $9.86. The company's stock had a trading volume of 50,029 shares, compared to its average volume of 102,075. The business's 50 day moving average is $10.37 and its two-hundred day moving average is $10.41. 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 Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Friday, April 11th will be paid a $0.0513 dividend. This represents a $0.62 annualized dividend and a yield of 6.25%. The ex-dividend date of this dividend is Friday, April 11th.

Insider Activity at Eaton Vance Municipal Income Trust

In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total transaction of $159,750.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Eaton Vance Municipal Income Trust Company Profile

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.