Envestnet Asset Management Inc. Has $1.61 Million Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Envestnet Asset Management Inc. lifted its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN – Get Rating) by 11.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 163,164 shares of the investment management company’s stock after acquiring an additional 17,063 shares during the period. Envestnet Asset Management Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $1,610,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Sax Wealth Advisors LLC acquired a new position in Eaton Vance Municipal Income Trust during the 4th quarter valued at about $101,000. Nomura Holdings Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust in the second quarter worth $109,000. Avaii Wealth Management LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the fourth quarter worth $118,000. Captrust Financial Advisors purchased a new stake in shares of Eaton Vance Municipal Income Trust in the second quarter worth $118,000. Finally, HighTower Advisors LLC purchased a new stake in Eaton Vance Municipal Income Trust during the first quarter valued at about $135,000.

Eaton Vance Municipal Income Trust Stock Performance

NYSE EVN opened at $9.95 on Monday. The stock’s 50-day simple moving average is $10.01 and its two-hundred day simple moving average is $10.12. Eaton Vance Municipal Income Trust has a twelve month low of $9.34 and a twelve month high of $12.02.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, May 18th. Stockholders of record on Thursday, May 11th were paid a dividend of $0.041 per share. The ex-dividend date of this dividend was Wednesday, May 10th. This represents a $0.49 dividend on an annualized basis and a dividend yield of 4.94%.

About Eaton Vance Municipal Income Trust

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Eaton Vance Municipal Income Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. The company was founded on January 29, 1999 and is headquartered in Boston, MA.