Eaton Vance Municipal Income Trust (NYSE:EVN) Shares Purchased by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. grew its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVNGet Rating) by 14.4% in the third quarter, Holdings Channel reports. The institutional investor owned 144,091 shares of the investment management company’s stock after buying an additional 18,157 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $1,408,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in EVN. Raymond James & Associates boosted its stake in shares of Eaton Vance Municipal Income Trust by 12.9% during the 1st quarter. Raymond James & Associates now owns 247,960 shares of the investment management company’s stock worth $2,936,000 after acquiring an additional 28,415 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $136,000. HighTower Advisors LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the first quarter valued at $135,000. UBS Group AG increased its stake in shares of Eaton Vance Municipal Income Trust by 5.1% during the 1st quarter. UBS Group AG now owns 407,405 shares of the investment management company’s stock valued at $4,824,000 after acquiring an additional 19,805 shares during the last quarter. Finally, Rivernorth Capital Management LLC purchased a new position in shares of Eaton Vance Municipal Income Trust during the 1st quarter worth about $1,344,000.

Eaton Vance Municipal Income Trust Stock Up 0.4 %

Shares of EVN stock opened at $10.52 on Friday. Eaton Vance Municipal Income Trust has a one year low of $9.34 and a one year high of $12.95. The company has a 50 day moving average price of $10.11 and a 200 day moving average price of $10.48.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, January 20th. Investors of record on Friday, January 13th will be given a $0.041 dividend. This represents a $0.49 annualized dividend and a dividend yield of 4.68%. The ex-dividend date is Thursday, January 12th.

Eaton Vance Municipal Income Trust Company 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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