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

Raymond James Financial Services Advisors Inc. lifted its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 123,134 shares of the investment management company’s stock after buying an additional 3,096 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $1,209,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of EVN. Comerica Bank acquired a new stake in Eaton Vance Municipal Income Trust during the 3rd quarter worth about $30,000. JPMorgan Chase & Co. acquired a new stake in shares of Eaton Vance Municipal Income Trust during the first quarter worth approximately $44,000. Wolverine Asset Management LLC purchased a new position in Eaton Vance Municipal Income Trust during the third quarter valued at approximately $77,000. Nomura Holdings Inc. acquired a new position in Eaton Vance Municipal Income Trust in the 1st quarter valued at approximately $101,000. Finally, Rockefeller Capital Management L.P. lifted its position in Eaton Vance Municipal Income Trust by 1,564.9% in the 1st quarter. Rockefeller Capital Management L.P. now owns 10,822 shares of the investment management company’s stock worth $109,000 after buying an additional 10,172 shares in the last quarter.

Eaton Vance Municipal Income Trust Stock Performance

Eaton Vance Municipal Income Trust stock opened at $9.98 on Friday. Eaton Vance Municipal Income Trust has a 12 month low of $8.64 and a 12 month high of $10.45. The company’s fifty day simple moving average is $10.19 and its 200-day simple moving average is $9.73.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, April 18th. Shareholders of record on Thursday, April 11th will be paid a $0.0461 dividend. The ex-dividend date of this dividend is Wednesday, April 10th. This represents a $0.55 dividend on an annualized basis and a yield of 5.54%.

About Eaton Vance Municipal Income Trust

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.