Kingsview Wealth Management LLC Sells 2,337 Shares of Eaton Vance Municipal Income Trust (NYSE:EVN)

Kingsview Wealth Management LLC cut its stake in Eaton Vance Municipal Income Trust (NYSE:EVN) by 12.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,592 shares of the investment management company’s stock after selling 2,337 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Eaton Vance Municipal Income Trust were worth $163,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. AQR Arbitrage LLC lifted its position in Eaton Vance Municipal Income Trust by 88.3% in the third quarter. AQR Arbitrage LLC now owns 302,506 shares of the investment management company’s stock worth $2,695,000 after buying an additional 141,881 shares during the last quarter. Van ECK Associates Corp increased its stake in Eaton Vance Municipal Income Trust by 14.8% in the fourth quarter. Van ECK Associates Corp now owns 299,130 shares of the investment management company’s stock worth $2,937,000 after purchasing an additional 38,467 shares during the period. UBS Group AG increased its stake in Eaton Vance Municipal Income Trust by 2.7% in the third quarter. UBS Group AG now owns 275,279 shares of the investment management company’s stock worth $2,453,000 after purchasing an additional 7,168 shares during the period. Raymond James & Associates increased its stake in Eaton Vance Municipal Income Trust by 2.6% in the fourth quarter. Raymond James & Associates now owns 244,617 shares of the investment management company’s stock worth $2,402,000 after purchasing an additional 6,143 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in Eaton Vance Municipal Income Trust by 7.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 227,131 shares of the investment management company’s stock worth $2,230,000 after purchasing an additional 16,196 shares during the period.

Eaton Vance Municipal Income Trust Trading Down 0.3 %

EVN opened at $10.04 on Friday. The business’s 50-day moving average is $10.05 and its two-hundred day moving average is $9.95. Eaton Vance Municipal Income Trust has a 1 year low of $8.64 and a 1 year high of $10.45.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, May 20th. Shareholders of record on Monday, May 13th were issued a $0.0461 dividend. This represents a $0.55 annualized dividend and a yield of 5.51%. The ex-dividend date of this dividend was Friday, May 10th.

Eaton Vance Municipal Income Trust Profile

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.