Eaton Vance Municipal Income Trust (NYSE:EVN) Insider Cynthia Frost Sells 15,000 Shares

Eaton Vance Municipal Income Trust (NYSE:EVN) insider Cynthia Frost sold 15,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Eaton Vance Municipal Income Trust Stock Down 0.3 %

EVN opened at $10.68 on Friday. Eaton Vance Municipal Income Trust has a 12-month low of $9.79 and a 12-month high of $11.31. The stock’s 50 day moving average price is $10.39 and its two-hundred day moving average price is $10.58.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 13th will be paid a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a yield of 5.76%. The ex-dividend date is Thursday, March 13th.

Institutional Trading of Eaton Vance Municipal Income Trust

A number of hedge funds have recently bought and sold shares of the stock. Raymond James & Associates raised its position in shares of Eaton Vance Municipal Income Trust by 0.4% during the third quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock valued at $3,016,000 after buying an additional 1,210 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Eaton Vance Municipal Income Trust in the 3rd quarter valued at approximately $816,000. Janney Montgomery Scott LLC lifted its position in shares of Eaton Vance Municipal Income Trust by 1.7% in the 3rd quarter. Janney Montgomery Scott LLC now owns 234,205 shares of the investment management company’s stock worth $2,569,000 after acquiring an additional 4,016 shares during the period. Moloney Securities Asset Management LLC grew its holdings in shares of Eaton Vance Municipal Income Trust by 16.7% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 128,633 shares of the investment management company’s stock worth $1,411,000 after purchasing an additional 18,380 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the third quarter valued at approximately $110,000.

About Eaton Vance Municipal Income Trust

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.