Leigh Baldwin & CO. LLC Takes $2.68 Million Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Leigh Baldwin & CO. LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 265,160 shares of the investment management company's stock, valued at approximately $2,681,000. Leigh Baldwin & CO. LLC owned about 0.67% of Eaton Vance Municipal Income Trust as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in EVN. Park Avenue Securities LLC raised its stake in Eaton Vance Municipal Income Trust by 7.4% in the 4th quarter. Park Avenue Securities LLC now owns 100,354 shares of the investment management company's stock worth $1,015,000 after acquiring an additional 6,912 shares during the last quarter. InTrack Investment Management Inc raised its holdings in Eaton Vance Municipal Income Trust by 93.1% in the 4th quarter. InTrack Investment Management Inc now owns 125,661 shares of the investment management company's stock valued at $1,259,000 after acquiring an additional 60,577 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in Eaton Vance Municipal Income Trust by 0.6% during the fourth 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 in the last quarter. Moloney Securities Asset Management LLC grew its holdings in shares of Eaton Vance Municipal Income Trust by 8.8% in the fourth quarter. Moloney Securities Asset Management LLC now owns 139,942 shares of the investment management company's stock valued at $1,415,000 after purchasing an additional 11,309 shares during the period. Finally, Van ECK Associates Corp increased its holdings 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 buying an additional 69,652 shares during the last quarter.

Insider Activity at Eaton Vance Municipal Income Trust

In related news, insider Cynthia Frost sold 15,000 shares of Eaton Vance Municipal Income Trust stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.00% of the company's stock.

Eaton Vance Municipal Income Trust Stock Performance

Shares of NYSE EVN traded down $0.02 during mid-day trading on Thursday, reaching $10.34. 67,516 shares of the company's stock were exchanged, compared to its average volume of 101,115. The company's 50-day moving average is $10.21 and its 200-day moving average is $10.34. Eaton Vance Municipal Income Trust has a 52-week low of $9.59 and a 52-week high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 23rd. Investors of record on Tuesday, May 13th will be issued a $0.0513 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $0.62 annualized dividend and a yield of 5.95%.

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.