Beverly Hills Private Wealth LLC Buys Shares of 12,615 Eaton Vance Municipal Income 2028 Term Trust $ETX

Beverly Hills Private Wealth LLC bought a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 12,615 shares of the investment management company’s stock, valued at approximately $227,000.

Several other institutional investors have also recently added to or reduced their stakes in ETX. Aviance Capital Partners LLC increased its stake in Eaton Vance Municipal Income 2028 Term Trust by 6.0% during the first quarter. Aviance Capital Partners LLC now owns 15,653 shares of the investment management company’s stock valued at $286,000 after purchasing an additional 880 shares during the last quarter. Virtu Financial LLC bought a new stake in Eaton Vance Municipal Income 2028 Term Trust during the first quarter valued at $239,000. Raymond James Financial Inc. increased its stake in Eaton Vance Municipal Income 2028 Term Trust by 1.0% during the first quarter. Raymond James Financial Inc. now owns 205,383 shares of the investment management company’s stock valued at $3,752,000 after purchasing an additional 2,078 shares during the last quarter. Royal Bank of Canada increased its stake in Eaton Vance Municipal Income 2028 Term Trust by 5.3% during the first quarter. Royal Bank of Canada now owns 29,981 shares of the investment management company’s stock valued at $548,000 after purchasing an additional 1,509 shares during the last quarter. Finally, Anchor Investment Management LLC increased its stake in Eaton Vance Municipal Income 2028 Term Trust by 44.6% during the first quarter. Anchor Investment Management LLC now owns 9,400 shares of the investment management company’s stock valued at $172,000 after purchasing an additional 2,900 shares during the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Trading Up 0.1%

ETX stock opened at $19.16 on Wednesday. Eaton Vance Municipal Income 2028 Term Trust has a 1-year low of $17.48 and a 1-year high of $20.00. The firm has a fifty day moving average price of $19.04 and a two-hundred day moving average price of $18.43.

Eaton Vance Municipal Income 2028 Term Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be given a dividend of $0.0782 per share. The ex-dividend date is Wednesday, October 15th. This represents a c) annualized dividend and a dividend yield of 4.9%.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.