Integrated Capital Management Inc. Raises Stock Holdings in DWS Municipal Income Trust (NYSE:KTF)

Integrated Capital Management Inc. boosted its position in shares of DWS Municipal Income Trust (NYSE:KTF) by 17.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 23,715 shares of the investment management company’s stock after acquiring an additional 3,454 shares during the quarter. Integrated Capital Management Inc. owned about 0.06% of DWS Municipal Income Trust worth $224,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in KTF. HighTower Advisors LLC lifted its holdings in shares of DWS Municipal Income Trust by 18.5% during the third quarter. HighTower Advisors LLC now owns 13,651 shares of the investment management company’s stock worth $135,000 after purchasing an additional 2,135 shares during the period. US Bancorp DE purchased a new stake in shares of DWS Municipal Income Trust in the 3rd quarter valued at $80,000. Kovitz Investment Group Partners LLC purchased a new stake in shares of DWS Municipal Income Trust in the 3rd quarter valued at $1,595,000. Hennion & Walsh Asset Management Inc. boosted its holdings in shares of DWS Municipal Income Trust by 28.0% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 484,836 shares of the investment management company’s stock valued at $4,834,000 after acquiring an additional 106,180 shares during the last quarter. Finally, Logan Stone Capital LLC increased its stake in shares of DWS Municipal Income Trust by 17.7% in the second quarter. Logan Stone Capital LLC now owns 653,273 shares of the investment management company’s stock worth $6,186,000 after acquiring an additional 98,334 shares during the period. Hedge funds and other institutional investors own 57.71% of the company’s stock.

DWS Municipal Income Trust Stock Performance

NYSE KTF opened at $9.38 on Tuesday. DWS Municipal Income Trust has a 1 year low of $8.72 and a 1 year high of $10.22. The company has a fifty day moving average of $9.79 and a 200 day moving average of $9.79.

DWS Municipal Income Trust Increases Dividend

The business also recently announced a — dividend, which will be paid on Friday, January 31st. Stockholders of record on Tuesday, January 21st will be paid a $0.061 dividend. This is an increase from DWS Municipal Income Trust’s previous — dividend of $0.02. The ex-dividend date of this dividend is Tuesday, January 21st. This represents a dividend yield of 7.7%.

About DWS Municipal Income Trust

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.