Avior Wealth Management LLC Takes $143,000 Position in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Avior Wealth Management LLC bought a new position in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) during the 4th quarter, Holdings Channel reports. The institutional investor bought 8,250 shares of the investment management company’s stock, valued at approximately $143,000.

A number of other large investors have also added to or reduced their stakes in the stock. JGP Wealth Management LLC purchased a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter valued at about $220,000. Walter & Keenan Wealth Management LLC IN ADV raised its position in Eaton Vance Municipal Income 2028 Term Trust by 2.3% in the fourth quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 105,688 shares of the investment management company’s stock worth $1,833,000 after acquiring an additional 2,361 shares during the period. UBS Group AG boosted its stake in shares of Eaton Vance Municipal Income 2028 Term Trust by 2.7% during the 3rd quarter. UBS Group AG now owns 197,371 shares of the investment management company’s stock worth $3,347,000 after acquiring an additional 5,133 shares during the last quarter. Anchor Investment Management LLC bought a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter valued at $61,000. Finally, 1607 Capital Partners LLC increased its stake in shares of Eaton Vance Municipal Income 2028 Term Trust by 268.8% in the 3rd quarter. 1607 Capital Partners LLC now owns 105,116 shares of the investment management company’s stock worth $1,783,000 after purchasing an additional 76,615 shares in the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

Shares of ETX opened at $17.98 on Friday. The business has a 50-day simple moving average of $17.99 and a two-hundred day simple moving average of $17.57. Eaton Vance Municipal Income 2028 Term Trust has a 52 week low of $16.36 and a 52 week high of $18.60.

Eaton Vance Municipal Income 2028 Term Trust Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be paid a $0.078 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.21%.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.