Whipplewood Advisors LLC Purchases New Stake in Eaton Vance Municipal Income Trust (NYSE:EVN)

Whipplewood Advisors LLC acquired a new position in Eaton Vance Municipal Income Trust (NYSE:EVN) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 88,779 shares of the investment management company’s stock, valued at approximately $898,000. Whipplewood Advisors LLC owned 0.22% of Eaton Vance Municipal Income Trust at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Raymond James & Associates grew its position in shares of Eaton Vance Municipal Income Trust by 0.4% during the third quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock worth $3,016,000 after acquiring an additional 1,210 shares during the last quarter. Stifel Financial Corp boosted its holdings in Eaton Vance Municipal Income Trust by 33.0% during the third quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company’s stock worth $668,000 after buying an additional 15,101 shares in the last quarter. Van ECK Associates Corp raised its position in shares of Eaton Vance Municipal Income Trust by 30.6% during the fourth quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company’s stock worth $3,002,000 after purchasing an additional 69,652 shares during the period. HighTower Advisors LLC acquired a new position in shares of Eaton Vance Municipal Income Trust in the third quarter worth about $231,000. Finally, InTrack Investment Management Inc lifted its holdings in shares of Eaton Vance Municipal Income Trust by 93.1% in the fourth quarter. InTrack Investment Management Inc now owns 125,661 shares of the investment management company’s stock valued at $1,259,000 after purchasing an additional 60,577 shares in the last quarter.

Eaton Vance Municipal Income Trust Trading Down 0.1 %

Shares of EVN opened at $10.74 on Thursday. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.79 and a fifty-two week high of $11.31. The business’s 50-day moving average is $10.30 and its 200-day moving average is $10.58.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 24th. Investors of record on Thursday, February 13th were paid a $0.0513 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $0.62 annualized dividend and a dividend yield of 5.73%.

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.