Moloney Securities Asset Management LLC Raises Holdings in Eaton Vance Municipal Income Trust (NYSE:EVN)

Moloney Securities Asset Management LLC grew its stake in Eaton Vance Municipal Income Trust (NYSE:EVN) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 139,942 shares of the investment management company’s stock after buying an additional 11,309 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Eaton Vance Municipal Income Trust were worth $1,415,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pathway Financial Advisers LLC lifted its stake in Eaton Vance Municipal Income Trust by 997.0% in the third quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company’s stock worth $80,000 after acquiring an additional 6,630 shares during the last quarter. Horizon Kinetics Asset Management LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust in the 3rd quarter valued at $110,000. HighTower Advisors LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 3rd quarter worth $231,000. Sanctuary Advisors LLC acquired a new position in shares of Eaton Vance Municipal Income Trust during the second quarter worth $299,000. Finally, Stifel Financial Corp lifted its holdings in Eaton Vance Municipal Income Trust by 33.0% during the 3rd quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company’s stock worth $668,000 after buying an additional 15,101 shares during the last quarter.

Eaton Vance Municipal Income Trust Trading Down 0.3 %

EVN opened at $10.52 on Monday. Eaton Vance Municipal Income Trust has a one year low of $9.79 and a one year high of $11.31. The business’s 50-day simple moving average is $10.28 and its 200-day simple moving average is $10.58.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, February 24th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.0513 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.62 dividend on an annualized basis and a yield of 5.85%.

Eaton Vance Municipal Income Trust Company 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.