International Assets Investment Management LLC Acquires Shares of 64,601 Eaton Vance Municipal Income Trust (NYSE:EVN)

International Assets Investment Management LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 64,601 shares of the investment management company’s stock, valued at approximately $6,578,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. AQR Arbitrage LLC lifted its position in Eaton Vance Municipal Income Trust by 88.3% during the third quarter. AQR Arbitrage LLC now owns 302,506 shares of the investment management company’s stock valued at $2,695,000 after buying an additional 141,881 shares during the period. UBS Group AG increased its holdings in shares of Eaton Vance Municipal Income Trust by 2.7% during the third quarter. UBS Group AG now owns 275,279 shares of the investment management company’s stock valued at $2,453,000 after acquiring an additional 7,168 shares in the last quarter. Raymond James & Associates increased its holdings in shares of Eaton Vance Municipal Income Trust by 2.6% during the fourth quarter. Raymond James & Associates now owns 244,617 shares of the investment management company’s stock valued at $2,402,000 after acquiring an additional 6,143 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Eaton Vance Municipal Income Trust by 4.7% during the third quarter. Janney Montgomery Scott LLC now owns 210,935 shares of the investment management company’s stock valued at $1,879,000 after acquiring an additional 9,499 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in shares of Eaton Vance Municipal Income Trust by 2.6% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 123,134 shares of the investment management company’s stock valued at $1,209,000 after acquiring an additional 3,096 shares in the last quarter.

Eaton Vance Municipal Income Trust Stock Performance

Shares of NYSE:EVN opened at $10.11 on Wednesday. Eaton Vance Municipal Income Trust has a 1-year low of $8.64 and a 1-year high of $10.45. The business has a fifty day moving average price of $10.08 and a 200-day moving average price of $9.86.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, May 20th. Stockholders of record on Monday, May 13th will be issued a dividend of $0.0461 per share. The ex-dividend date is Friday, May 10th. This represents a $0.55 annualized dividend and a dividend yield of 5.47%.

Eaton Vance Municipal Income Trust 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.