Eaton Vance Municipal Income Trust $EVN Shares Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC lifted its stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 13.2% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 113,480 shares of the investment management company’s stock after purchasing an additional 13,270 shares during the period. Park Avenue Securities LLC owned 0.29% of Eaton Vance Municipal Income Trust worth $1,161,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. raised its position in shares of Eaton Vance Municipal Income Trust by 5.6% during the 1st quarter. Raymond James Financial Inc. now owns 711,858 shares of the investment management company’s stock valued at $7,304,000 after buying an additional 37,539 shares during the period. LPL Financial LLC raised its position in shares of Eaton Vance Municipal Income Trust by 26.4% during the 1st quarter. LPL Financial LLC now owns 192,051 shares of the investment management company’s stock valued at $1,970,000 after buying an additional 40,171 shares during the period. Bank of America Corp DE raised its position in shares of Eaton Vance Municipal Income Trust by 4.6% during the 4th 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. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 1st quarter valued at approximately $1,758,000. Finally, Invesco Ltd. raised its position in shares of Eaton Vance Municipal Income Trust by 34.2% during the 1st quarter. Invesco Ltd. now owns 167,597 shares of the investment management company’s stock valued at $1,720,000 after buying an additional 42,724 shares during the period.

Eaton Vance Municipal Income Trust Stock Down 0.6%

EVN stock opened at $11.16 on Friday. The firm’s 50 day moving average price is $10.65 and its 200-day moving average price is $10.38. Eaton Vance Municipal Income Trust has a one year low of $9.59 and a one year high of $11.23.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Friday, September 12th were given a $0.0513 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a c) dividend on an annualized basis and a yield of 5.5%.

About Eaton Vance Municipal Income Trust

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.