Eaton Vance Municipal Income Trust (NYSE:EVN) Stock Crosses Above Two Hundred Day Moving Average of $9.78

Eaton Vance Municipal Income Trust (NYSE:EVN)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.78 and traded as high as $9.91. Eaton Vance Municipal Income Trust shares last traded at $9.90, with a volume of 82,968 shares.

Eaton Vance Municipal Income Trust Trading Up 0.8 %

The business has a fifty day simple moving average of $10.14 and a 200 day simple moving average of $9.78.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, April 18th. Shareholders of record on Thursday, April 11th were issued a dividend of $0.0461 per share. This represents a $0.55 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date was Wednesday, April 10th.

Institutional Trading of Eaton Vance Municipal Income Trust

Hedge funds have recently made changes to their positions in the stock. Wolverine Asset Management LLC bought a new stake in shares of Eaton Vance Municipal Income Trust in the 3rd quarter worth approximately $77,000. Quarry LP bought a new stake in Eaton Vance Municipal Income Trust during the 4th quarter valued at $99,000. Stonebrook Private Inc. bought a new stake in Eaton Vance Municipal Income Trust during the 4th quarter valued at $130,000. Ethos Financial Group LLC bought a new stake in Eaton Vance Municipal Income Trust during the 4th quarter valued at $164,000. Finally, Livelsberger Financial Advisory bought a new stake in Eaton Vance Municipal Income Trust during the 4th quarter valued at $169,000.

Eaton Vance Municipal Income Trust Company 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.