Advisors Asset Management Inc. Has $2.25 Million Stock Holdings in Eaton Vance Municipal Income Trust $EVN

Advisors Asset Management Inc. decreased its position in Eaton Vance Municipal Income Trust (NYSE:EVN) by 35.6% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 202,931 shares of the investment management company’s stock after selling 112,349 shares during the period. Advisors Asset Management Inc. owned about 0.51% of Eaton Vance Municipal Income Trust worth $2,246,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of EVN. Objective Capital Management LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust in the third quarter valued at approximately $111,000. Belpointe Asset Management LLC bought a new position in Eaton Vance Municipal Income Trust in the third quarter valued at $138,000. PNC Financial Services Group Inc. increased its stake in Eaton Vance Municipal Income Trust by 18.8% in the 2nd quarter. PNC Financial Services Group Inc. now owns 12,613 shares of the investment management company’s stock valued at $129,000 after buying an additional 2,000 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in Eaton Vance Municipal Income Trust during the 3rd quarter worth about $149,000. Finally, Sax Wealth Advisors LLC lifted its position in Eaton Vance Municipal Income Trust by 37.1% during the 3rd quarter. Sax Wealth Advisors LLC now owns 13,997 shares of the investment management company’s stock worth $155,000 after buying an additional 3,789 shares in the last quarter.

Eaton Vance Municipal Income Trust Stock Performance

Shares of NYSE EVN opened at $11.09 on Monday. The business has a 50-day moving average of $10.86 and a 200-day moving average of $10.86. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.59 and a fifty-two week high of $11.23.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 24th. Shareholders of record on Friday, February 13th will be paid a $0.0513 dividend. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Friday, February 13th.

About Eaton Vance Municipal Income Trust

Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.

The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.