Gridiron Partners LLC trimmed its position in Eaton Vance Municipal Income Trust (NYSE:EVN – Free Report) by 95.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 38,195 shares of the investment management company’s stock after selling 886,136 shares during the period. Gridiron Partners LLC owned about 0.10% of Eaton Vance Municipal Income Trust worth $411,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Objective Capital Management LLC acquired a new position in shares of Eaton Vance Municipal Income Trust during the third quarter valued at $111,000. PNC Financial Services Group Inc. increased its position in Eaton Vance Municipal Income Trust by 18.8% in the second quarter. PNC Financial Services Group Inc. now owns 12,613 shares of the investment management company’s stock worth $129,000 after purchasing an additional 2,000 shares during the period. Belpointe Asset Management LLC bought a new stake in Eaton Vance Municipal Income Trust during the 3rd quarter worth about $138,000. 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 valued at $155,000 after purchasing an additional 3,789 shares during the period.
Eaton Vance Municipal Income Trust Stock Down 1.8%
Shares of NYSE EVN opened at $10.54 on Friday. Eaton Vance Municipal Income Trust has a 1 year low of $9.59 and a 1 year high of $11.23. The firm’s 50-day moving average is $10.91 and its 200-day moving average is $10.93.
Eaton Vance Municipal Income Trust Dividend Announcement
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.
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