Raymond James Financial Inc. Acquires 37,539 Shares of Eaton Vance Municipal Income Trust $EVN

Raymond James Financial Inc. boosted its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN) by 5.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 711,858 shares of the investment management company’s stock after purchasing an additional 37,539 shares during the period. Raymond James Financial Inc. owned about 1.79% of Eaton Vance Municipal Income Trust worth $7,304,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in EVN. Bank of America Corp DE grew its position in Eaton Vance Municipal Income Trust by 4.6% during the fourth quarter. Bank of America Corp DE now owns 254,071 shares of the investment management company’s stock valued at $2,569,000 after buying an additional 11,080 shares during the period. LPL Financial LLC raised its holdings in shares of Eaton Vance Municipal Income Trust by 26.4% in the 1st quarter. LPL Financial LLC now owns 192,051 shares of the investment management company’s stock worth $1,970,000 after purchasing an additional 40,171 shares during the period. Leigh Baldwin & CO. LLC purchased a new position in Eaton Vance Municipal Income Trust in the fourth quarter valued at approximately $265,000. Cetera Investment Advisers grew its holdings in Eaton Vance Municipal Income Trust by 76.9% during the fourth quarter. Cetera Investment Advisers now owns 148,930 shares of the investment management company’s stock valued at $1,506,000 after purchasing an additional 64,733 shares during the period. Finally, Hennion & Walsh Asset Management Inc. bought a new position in Eaton Vance Municipal Income Trust during the first quarter valued at $1,758,000.

Eaton Vance Municipal Income Trust Stock Performance

Shares of EVN opened at $10.41 on Wednesday. Eaton Vance Municipal Income Trust has a 1 year low of $9.59 and a 1 year high of $11.31. The stock’s fifty day moving average price is $10.43 and its two-hundred day moving average price is $10.34.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, August 25th. Investors of record on Wednesday, August 13th were paid a $0.0513 dividend. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date was Wednesday, August 13th.

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.