Wells Fargo & Company MN reduced its position in Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 7.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 351,495 shares of the investment management company's stock after selling 29,902 shares during the quarter. Wells Fargo & Company MN owned 0.89% of Eaton Vance Municipal Income Trust worth $3,554,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Ackerman Capital Advisors LLC bought a new stake in Eaton Vance Municipal Income Trust during the 4th quarter valued at $142,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter worth $150,000. one8zero8 LLC bought a new stake in Eaton Vance Municipal Income Trust during the fourth quarter valued at about $182,000. HighTower Advisors LLC purchased a new position in Eaton Vance Municipal Income Trust in the third quarter valued at about $231,000. Finally, Sanctuary Advisors LLC raised its holdings in Eaton Vance Municipal Income Trust by 52.6% in the third quarter. Sanctuary Advisors LLC now owns 46,393 shares of the investment management company's stock worth $482,000 after purchasing an additional 16,000 shares in the last quarter.
Insider Activity
In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of the stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.00% of the company's stock.
Eaton Vance Municipal Income Trust Stock Up 0.5 %
Shares of NYSE:EVN traded up $0.05 during trading on Monday, reaching $10.13. The stock had a trading volume of 48,544 shares, compared to its average volume of 102,270. The firm's 50-day simple moving average is $10.31 and its 200 day simple moving average is $10.38. Eaton Vance Municipal Income Trust has a one year low of $9.59 and a one year high of $11.31.
Eaton Vance Municipal Income Trust Dividend Announcement
The firm also recently declared a monthly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Friday, April 11th were given a dividend of $0.0513 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date of this dividend was Friday, April 11th.
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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