Belpointe Asset Management LLC Takes Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Belpointe Asset Management LLC purchased a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN – Get Rating) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 4,933 shares of the investment management company’s stock, valued at approximately $49,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Van ECK Associates Corp boosted its holdings in shares of Eaton Vance Municipal Income Trust by 19.9% in the 4th quarter. Van ECK Associates Corp now owns 216,901 shares of the investment management company’s stock valued at $2,141,000 after buying an additional 35,994 shares during the period. Commonwealth Equity Services LLC lifted its position in Eaton Vance Municipal Income Trust by 39.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 148,356 shares of the investment management company’s stock valued at $1,464,000 after purchasing an additional 42,136 shares during the last quarter. LPL Financial LLC lifted its position in Eaton Vance Municipal Income Trust by 28.8% in the 4th quarter. LPL Financial LLC now owns 97,338 shares of the investment management company’s stock valued at $961,000 after purchasing an additional 21,789 shares during the last quarter. Hollencrest Capital Management bought a new stake in Eaton Vance Municipal Income Trust in the 4th quarter valued at about $101,000. Finally, Compass Financial Group INC SD bought a new stake in Eaton Vance Municipal Income Trust in the 4th quarter valued at about $135,000.

Eaton Vance Municipal Income Trust Trading Down 0.5 %

Shares of NYSE:EVN opened at $9.84 on Wednesday. The company’s 50-day moving average price is $10.01 and its 200 day moving average price is $10.13. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.34 and a fifty-two week high of $12.02.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Thursday, May 18th. Investors of record on Thursday, May 11th were given a $0.041 dividend. The ex-dividend date was Wednesday, May 10th. This represents a $0.49 annualized dividend and a yield of 5.00%.

Eaton Vance Municipal Income Trust Company Profile

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Eaton Vance Municipal Income Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. The company was founded on January 29, 1999 and is headquartered in Boston, MA.