Sit Investment Associates Inc. Has $793,000 Position in Eaton Vance California Municipal Income Trust (NYSE:CEV)

Sit Investment Associates Inc. lessened its holdings in shares of Eaton Vance California Municipal Income Trust (NYSE:CEV) by 4.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 79,028 shares of the company’s stock after selling 3,279 shares during the period. Sit Investment Associates Inc.’s holdings in Eaton Vance California Municipal Income Trust were worth $793,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Noble Wealth Management PBC bought a new position in shares of Eaton Vance California Municipal Income Trust in the 4th quarter worth $32,000. Whipplewood Advisors LLC bought a new position in Eaton Vance California Municipal Income Trust during the fourth quarter worth about $169,000. Wealthspire Advisors LLC grew its position in shares of Eaton Vance California Municipal Income Trust by 68.1% during the 4th quarter. Wealthspire Advisors LLC now owns 24,196 shares of the company’s stock worth $243,000 after buying an additional 9,805 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Eaton Vance California Municipal Income Trust in the 4th quarter valued at about $481,000. Finally, Wolverine Asset Management LLC raised its position in shares of Eaton Vance California Municipal Income Trust by 255.4% in the 4th quarter. Wolverine Asset Management LLC now owns 59,812 shares of the company’s stock valued at $601,000 after acquiring an additional 42,983 shares during the period. Institutional investors own 35.88% of the company’s stock.

Eaton Vance California Municipal Income Trust Price Performance

Eaton Vance California Municipal Income Trust stock opened at $10.03 on Monday. The company’s 50 day simple moving average is $10.17 and its 200 day simple moving average is $10.35. Eaton Vance California Municipal Income Trust has a fifty-two week low of $9.91 and a fifty-two week high of $11.29.

Eaton Vance California Municipal Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Friday, April 11th will be given a $0.05 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.98%. The ex-dividend date is Friday, April 11th.

About Eaton Vance California Municipal Income Trust

Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.