Envestnet Asset Management Inc. Has $1.62 Million Stake in Eaton Vance Municipal Income Trust (NYSE:EVN)

Envestnet Asset Management Inc. boosted its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN) by 11.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 115,650 shares of the investment management company’s stock after acquiring an additional 12,102 shares during the period. Envestnet Asset Management Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $1,623,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of EVN. Hennion & Walsh Asset Management Inc. bought a new position in Eaton Vance Municipal Income Trust in the 1st quarter valued at about $1,667,000. 1607 Capital Partners LLC increased its holdings in Eaton Vance Municipal Income Trust by 6.5% in the 1st quarter. 1607 Capital Partners LLC now owns 1,321,471 shares of the investment management company’s stock valued at $18,197,000 after buying an additional 80,498 shares during the period. 6 Meridian bought a new position in Eaton Vance Municipal Income Trust in the 2nd quarter valued at about $508,000. First Trust Advisors LP bought a new position in Eaton Vance Municipal Income Trust in the 1st quarter valued at about $361,000. Finally, Advisor Group Holdings Inc. increased its holdings in Eaton Vance Municipal Income Trust by 26.3% in the 2nd quarter. Advisor Group Holdings Inc. now owns 73,279 shares of the investment management company’s stock valued at $1,029,000 after buying an additional 15,266 shares during the period. Institutional investors and hedge funds own 17.00% of the company’s stock.

EVN stock opened at $14.21 on Tuesday. Eaton Vance Municipal Income Trust has a 12 month low of $12.45 and a 12 month high of $14.40. The company’s 50-day moving average price is $14.23 and its two-hundred day moving average price is $14.00.

The business also recently declared a monthly dividend, which was paid on Monday, September 20th. Investors of record on Monday, September 13th were issued a dividend of $0.0477 per share. This represents a $0.57 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend was Friday, September 10th.

Eaton Vance Municipal Income Trust Profile

Eaton Vance Municipal Income Trust is a non-diversified, closed-end management investment company. Its investment objective is to provide current income exempt from regular federal income tax. The company was founded on January 29, 1999 and is headquartered in Boston, MA.

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Institutional Ownership by Quarter for Eaton Vance Municipal Income Trust (NYSE:EVN)

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