Logan Stone Capital LLC lowered its position in Eaton Vance California Municipal Income Trust (NYSE:CEV - Free Report) by 34.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 55,458 shares of the company's stock after selling 29,099 shares during the period. Logan Stone Capital LLC's holdings in Eaton Vance California Municipal Income Trust were worth $557,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Noble Wealth Management PBC bought a new position in Eaton Vance California Municipal Income Trust in the fourth quarter worth approximately $32,000. Wealthspire Advisors LLC raised its stake in shares of Eaton Vance California Municipal Income Trust by 68.1% in the fourth quarter. Wealthspire Advisors LLC now owns 24,196 shares of the company's stock worth $243,000 after purchasing an additional 9,805 shares during the last quarter. Guggenheim Capital LLC raised its stake in shares of Eaton Vance California Municipal Income Trust by 9.8% in the fourth quarter. Guggenheim Capital LLC now owns 170,344 shares of the company's stock worth $1,710,000 after purchasing an additional 15,156 shares during the last quarter. Whipplewood Advisors LLC purchased a new stake in shares of Eaton Vance California Municipal Income Trust in the fourth quarter worth approximately $169,000. Finally, Wolverine Asset Management LLC raised its stake in shares of Eaton Vance California Municipal Income Trust by 255.4% in the fourth quarter. Wolverine Asset Management LLC now owns 59,812 shares of the company's stock worth $601,000 after purchasing an additional 42,983 shares during the last quarter. Institutional investors own 35.88% of the company's stock.
Eaton Vance California Municipal Income Trust Stock Performance
Shares of Eaton Vance California Municipal Income Trust stock traded up $0.04 on Friday, hitting $9.79. The company had a trading volume of 19,846 shares, compared to its average volume of 29,253. Eaton Vance California Municipal Income Trust has a 1 year low of $9.31 and a 1 year high of $11.29. The stock has a 50 day moving average of $9.83 and a 200-day moving average of $10.13.
Eaton Vance California Municipal Income Trust Announces Dividend
The business also recently disclosed a monthly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be paid a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 6.13%. The ex-dividend date of this dividend is Tuesday, May 13th.
Eaton Vance California Municipal Income Trust Company Profile
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Free Report)
Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.
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