265,160 Shares in Eaton Vance Municipal Income Trust (NYSE:EVN) Purchased by Leigh Baldwin & CO. LLC

Leigh Baldwin & CO. LLC purchased a new position in Eaton Vance Municipal Income Trust (NYSE:EVN) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 265,160 shares of the investment management company’s stock, valued at approximately $2,681,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Walleye Capital LLC bought a new position in Eaton Vance Municipal Income Trust during the fourth quarter valued at approximately $114,000. Ackerman Capital Advisors LLC bought a new stake in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth approximately $142,000. Landscape Capital Management L.L.C. bought a new stake in Eaton Vance Municipal Income Trust during the 4th quarter valued at about $150,000. one8zero8 LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at about $182,000. Finally, HighTower Advisors LLC lifted its stake in shares of Eaton Vance Municipal Income Trust by 14.4% in the 4th quarter. HighTower Advisors LLC now owns 24,148 shares of the investment management company’s stock worth $244,000 after purchasing an additional 3,035 shares during the period.

Eaton Vance Municipal Income Trust Price Performance

Shares of EVN opened at $10.41 on Monday. The business’s 50 day moving average is $10.23 and its 200 day moving average is $10.34. Eaton Vance Municipal Income Trust has a 12-month low of $9.59 and a 12-month high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Tuesday, May 13th will be paid a $0.0513 dividend. The ex-dividend date is Tuesday, May 13th. This represents a $0.62 dividend on an annualized basis and a yield of 5.91%.

Insider Buying and Selling at Eaton Vance Municipal Income Trust

In other news, insider Cynthia Frost sold 15,000 shares of Eaton Vance Municipal Income Trust stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total transaction of $159,750.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

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.