Cetera Investment Advisers Has $1.51 Million Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Cetera Investment Advisers increased its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 76.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 148,930 shares of the investment management company’s stock after purchasing an additional 64,733 shares during the period. Cetera Investment Advisers owned approximately 0.38% of Eaton Vance Municipal Income Trust worth $1,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Walleye Capital LLC acquired a new stake in Eaton Vance Municipal Income Trust during the 4th quarter worth approximately $114,000. Ackerman Capital Advisors LLC acquired a new stake in Eaton Vance Municipal Income Trust during the 4th quarter worth approximately $142,000. Landscape Capital Management L.L.C. acquired a new stake in Eaton Vance Municipal Income Trust during the 4th quarter worth approximately $150,000. one8zero8 LLC acquired a new stake in Eaton Vance Municipal Income Trust during the 4th quarter worth approximately $182,000. Finally, HighTower Advisors LLC lifted its holdings in Eaton Vance Municipal Income Trust by 14.4% during the 4th quarter. HighTower Advisors LLC now owns 24,148 shares of the investment management company’s stock worth $244,000 after purchasing an additional 3,035 shares during the last quarter.

Eaton Vance Municipal Income Trust Price Performance

NYSE:EVN opened at $10.34 on Wednesday. The stock has a 50 day simple moving average of $10.19 and a 200 day simple moving average of $10.34. Eaton Vance Municipal Income Trust has a 1-year low of $9.59 and a 1-year high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be issued a $0.0513 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $0.62 annualized dividend and a yield of 5.95%.

Insider Buying and Selling at Eaton Vance Municipal Income Trust

In other Eaton Vance Municipal Income Trust news, insider Cynthia Frost sold 15,000 shares of Eaton Vance Municipal Income Trust stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company’s stock.

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.