Eaton Vance Municipal Income Trust (NYSE:EVN) Shares Bought by Van ECK Associates Corp

Van ECK Associates Corp lifted its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 14.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 299,130 shares of the investment management company’s stock after acquiring an additional 38,467 shares during the period. Van ECK Associates Corp’s holdings in Eaton Vance Municipal Income Trust were worth $2,937,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Wolverine Asset Management LLC bought a new stake in Eaton Vance Municipal Income Trust during the third quarter valued at $77,000. Stonebrook Private Inc. acquired a new position in shares of Eaton Vance Municipal Income Trust in the 4th quarter valued at about $130,000. Chicago Partners Investment Group LLC grew its position in shares of Eaton Vance Municipal Income Trust by 83.5% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 18,784 shares of the investment management company’s stock valued at $163,000 after buying an additional 8,550 shares during the last quarter. Landscape Capital Management L.L.C. raised its stake in Eaton Vance Municipal Income Trust by 41.4% during the third quarter. Landscape Capital Management L.L.C. now owns 18,607 shares of the investment management company’s stock worth $166,000 after acquiring an additional 5,445 shares during the period. Finally, Camelot Portfolios LLC raised its stake in Eaton Vance Municipal Income Trust by 47.8% during the fourth quarter. Camelot Portfolios LLC now owns 32,838 shares of the investment management company’s stock worth $322,000 after acquiring an additional 10,626 shares during the period.

Eaton Vance Municipal Income Trust Stock Performance

Shares of EVN stock opened at $9.99 on Tuesday. Eaton Vance Municipal Income Trust has a 52 week low of $8.64 and a 52 week high of $10.45. The business has a 50 day moving average of $10.08 and a two-hundred day moving average of $9.85.

Eaton Vance Municipal Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, May 20th. Shareholders of record on Monday, May 13th will be given a $0.0461 dividend. This represents a $0.55 annualized dividend and a yield of 5.54%. The ex-dividend date is Friday, May 10th.

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.