Atria Wealth Solutions Inc. Raises Stake in Eaton Vance California Municipal Income Trust (NYSE:CEV)

Atria Wealth Solutions Inc. raised its holdings in Eaton Vance California Municipal Income Trust (NYSE:CEV) by 50.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,000 shares of the company’s stock after purchasing an additional 10,000 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Eaton Vance California Municipal Income Trust were worth $310,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in CEV. Blue Bell Private Wealth Management LLC purchased a new stake in shares of Eaton Vance California Municipal Income Trust during the fourth quarter worth approximately $112,000. Raymond James & Associates raised its position in Eaton Vance California Municipal Income Trust by 11.5% during the 4th quarter. Raymond James & Associates now owns 23,079 shares of the company’s stock worth $239,000 after buying an additional 2,379 shares during the last quarter. Whittier Trust Co. lifted its stake in shares of Eaton Vance California Municipal Income Trust by 141.3% in the 4th quarter. Whittier Trust Co. now owns 6,852 shares of the company’s stock worth $71,000 after acquiring an additional 4,012 shares during the period. Almitas Capital LLC boosted its holdings in shares of Eaton Vance California Municipal Income Trust by 42.7% in the third quarter. Almitas Capital LLC now owns 131,118 shares of the company’s stock valued at $1,201,000 after acquiring an additional 39,231 shares in the last quarter. Finally, Saba Capital Management L.P. increased its stake in shares of Eaton Vance California Municipal Income Trust by 12.0% during the third quarter. Saba Capital Management L.P. now owns 644,516 shares of the company’s stock worth $5,904,000 after acquiring an additional 69,042 shares during the period. 35.88% of the stock is owned by hedge funds and other institutional investors.

Eaton Vance California Municipal Income Trust Price Performance

Shares of CEV stock opened at $10.59 on Thursday. The stock has a 50 day simple moving average of $10.44 and a 200-day simple moving average of $10.23. Eaton Vance California Municipal Income Trust has a 12-month low of $8.83 and a 12-month high of $10.91.

Eaton Vance California Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, May 20th. Shareholders of record on Monday, May 13th will be given a $0.0434 dividend. This represents a $0.52 annualized dividend and a yield of 4.92%. The ex-dividend date is Friday, May 10th.

Eaton Vance California Municipal Income Trust Profile

Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.