Envestnet Asset Management Inc. Increases Stock Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Envestnet Asset Management Inc. grew its position in Eaton Vance Municipal Income Trust (NYSE:EVNGet Rating) by 4.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,256 shares of the investment management company’s stock after purchasing an additional 6,082 shares during the period. Envestnet Asset Management Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $1,633,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Herold Advisors Inc. purchased a new stake in Eaton Vance Municipal Income Trust during the first quarter worth about $33,000. Hallmark Capital Management Inc. purchased a new stake in Eaton Vance Municipal Income Trust during the second quarter worth about $41,000. CWM LLC purchased a new stake in Eaton Vance Municipal Income Trust during the second quarter worth about $59,000. Citizens National Bank Trust Department purchased a new stake in Eaton Vance Municipal Income Trust during the first quarter worth about $79,000. Finally, Landscape Capital Management L.L.C. purchased a new stake in Eaton Vance Municipal Income Trust during the first quarter worth about $120,000.

Eaton Vance Municipal Income Trust Stock Performance

NYSE EVN opened at $9.95 on Monday. Eaton Vance Municipal Income Trust has a 52-week low of $9.34 and a 52-week high of $14.05. The company has a 50-day simple moving average of $9.82 and a 200 day simple moving average of $10.77.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 18th. Shareholders of record on Friday, November 11th were given a dividend of $0.041 per share. The ex-dividend date of this dividend was Wednesday, November 9th. This represents a $0.49 dividend on an annualized basis and a yield of 4.94%.

Eaton Vance Municipal Income Trust Profile

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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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Institutional Ownership by Quarter for Eaton Vance Municipal Income Trust (NYSE:EVN)

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