Wells Fargo & Company MN Sells 9,038 Shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Wells Fargo & Company MN trimmed its stake in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 6.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 122,229 shares of the investment management company’s stock after selling 9,038 shares during the period. Wells Fargo & Company MN’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $2,152,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Anchor Investment Management LLC grew its stake in Eaton Vance Municipal Income 2028 Term Trust by 85.7% in the third quarter. Anchor Investment Management LLC now owns 6,500 shares of the investment management company’s stock valued at $123,000 after purchasing an additional 3,000 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of Eaton Vance Municipal Income 2028 Term Trust in the 4th quarter worth approximately $231,000. XML Financial LLC acquired a new stake in Eaton Vance Municipal Income 2028 Term Trust in the fourth quarter valued at approximately $217,000. Van ECK Associates Corp boosted its stake in Eaton Vance Municipal Income 2028 Term Trust by 18.7% in the fourth quarter. Van ECK Associates Corp now owns 55,370 shares of the investment management company’s stock valued at $975,000 after acquiring an additional 8,740 shares in the last quarter. Finally, Wolverine Asset Management LLC purchased a new position in Eaton Vance Municipal Income 2028 Term Trust in the fourth quarter worth $862,000.

Eaton Vance Municipal Income 2028 Term Trust Trading Up 0.6 %

Shares of ETX opened at $18.14 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a 12 month low of $17.48 and a 12 month high of $19.44. The stock has a fifty day moving average price of $18.14 and a 200-day moving average price of $18.20.

Eaton Vance Municipal Income 2028 Term Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Tuesday, April 15th will be paid a $0.0782 dividend. This represents a $0.94 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date is Tuesday, April 15th.

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.