Noble Wealth Management PBC Acquires New Shares in Eaton Vance Municipal Income Trust (NYSE:EVN)

Noble Wealth Management PBC acquired a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN) in the fourth quarter, according to its most recent filing with the SEC. The fund acquired 51,377 shares of the investment management company’s stock, valued at approximately $519,000. Noble Wealth Management PBC owned approximately 0.13% of Eaton Vance Municipal Income Trust at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Whipplewood Advisors LLC purchased a new position in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $898,000. Ackerman Capital Advisors LLC purchased a new position in Eaton Vance Municipal Income Trust in the fourth quarter worth $142,000. Rothschild Investment LLC grew its position in 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 acquiring an additional 10,000 shares in the last quarter. Van ECK Associates Corp grew its position in 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 acquiring an additional 69,652 shares in the last quarter. Finally, Moloney Securities Asset Management LLC grew its position in 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 acquiring an additional 11,309 shares in the last quarter.

Eaton Vance Municipal Income Trust Price Performance

Eaton Vance Municipal Income Trust stock opened at $10.78 on Friday. The firm has a fifty day simple moving average of $10.32 and a two-hundred day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a twelve month low of $9.79 and a twelve month high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, February 24th. Shareholders of record on Thursday, February 13th were paid a $0.0513 dividend. This represents a $0.62 annualized dividend and a yield of 5.71%. The ex-dividend date was Thursday, February 13th.

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.