Bank of America Corp DE Has $1.73 Million Stake in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Bank of America Corp DE grew its position in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 15.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 98,404 shares of the investment management company’s stock after purchasing an additional 12,947 shares during the quarter. Bank of America Corp DE’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $1,733,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in Eaton Vance Municipal Income 2028 Term Trust in the 4th quarter valued at $272,000. MGO One Seven LLC acquired a new position in shares of Eaton Vance Municipal Income 2028 Term Trust in the fourth quarter valued at about $668,000. Commonwealth Equity Services LLC grew its position in shares of Eaton Vance Municipal Income 2028 Term Trust by 6.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 39,444 shares of the investment management company’s stock worth $695,000 after purchasing an additional 2,408 shares in the last quarter. Stifel Financial Corp grew its position in shares of Eaton Vance Municipal Income 2028 Term Trust by 13.8% during the 4th quarter. Stifel Financial Corp now owns 48,552 shares of the investment management company’s stock worth $855,000 after purchasing an additional 5,902 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in shares of Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter worth approximately $862,000.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

Shares of NYSE:ETX opened at $18.12 on Wednesday. Eaton Vance Municipal Income 2028 Term Trust has a 12-month low of $17.48 and a 12-month high of $19.44. The company’s 50 day moving average price is $18.09 and its two-hundred day moving average price is $18.12.

Eaton Vance Municipal Income 2028 Term Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be issued a dividend of $0.0782 per share. This represents a $0.94 annualized dividend and a dividend yield of 5.18%. The ex-dividend date of this dividend is Monday, June 16th.

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.