one8zero8 LLC Acquires Shares of 18,000 Eaton Vance Municipal Income Trust (NYSE:EVN)

one8zero8 LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 18,000 shares of the investment management company’s stock, valued at approximately $182,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust in the fourth quarter worth approximately $6,817,000. Van ECK Associates Corp raised its holdings in shares of Eaton Vance Municipal Income Trust by 30.6% in the fourth quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company’s stock worth $3,002,000 after buying an additional 69,652 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of Eaton Vance Municipal Income Trust by 0.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 235,550 shares of the investment management company’s stock worth $2,381,000 after buying an additional 1,345 shares during the period. Rothschild Investment LLC raised its holdings in shares of Eaton Vance Municipal Income Trust by 5.1% in the fourth quarter. Rothschild Investment LLC now owns 205,100 shares of the investment management company’s stock worth $2,074,000 after buying an additional 10,000 shares during the period. Finally, Moloney Securities Asset Management LLC raised its holdings in shares of Eaton Vance Municipal Income Trust by 8.8% in the fourth quarter. Moloney Securities Asset Management LLC now owns 139,942 shares of the investment management company’s stock worth $1,415,000 after buying an additional 11,309 shares during the period.

Insiders Place Their Bets

In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total transaction of $159,750.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by company insiders.

Eaton Vance Municipal Income Trust Trading Down 0.5 %

Shares of NYSE EVN opened at $10.35 on Tuesday. The business’s 50 day moving average price is $10.45 and its 200-day moving average price is $10.57. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.79 and a fifty-two week high of $11.31.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Shareholders of record on Thursday, March 13th will be issued a dividend of $0.0513 per share. The ex-dividend date of this dividend is Thursday, March 13th. This represents a $0.62 annualized dividend and a yield of 5.95%.

Eaton Vance Municipal Income Trust Company 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.