PNC Financial Services Group Inc. Sells 2,487 Shares of Eaton Vance Municipal Income Trust (NYSE:EVN)

PNC Financial Services Group Inc. trimmed its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 7.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,774 shares of the investment management company’s stock after selling 2,487 shares during the period. PNC Financial Services Group Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $302,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the business. Quarry LP bought a new position in shares of Eaton Vance Municipal Income Trust during the fourth quarter valued at approximately $99,000. Wolverine Asset Management LLC increased its holdings in shares of Eaton Vance Municipal Income Trust by 50.6% in the 4th quarter. Wolverine Asset Management LLC now owns 13,049 shares of the investment management company’s stock valued at $128,000 after acquiring an additional 4,382 shares during the period. Stonebrook Private Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter worth $130,000. Ethos Financial Group LLC bought a new position in Eaton Vance Municipal Income Trust in the fourth quarter worth about $164,000. Finally, Camelot Portfolios LLC lifted its position in shares of Eaton Vance Municipal Income Trust by 47.8% during the fourth quarter. Camelot Portfolios LLC now owns 32,838 shares of the investment management company’s stock valued at $322,000 after buying an additional 10,626 shares during the last quarter.

Eaton Vance Municipal Income Trust Stock Performance

NYSE:EVN opened at $10.35 on Monday. The company’s 50-day simple moving average is $10.09 and its 200-day simple moving average is $10.08. Eaton Vance Municipal Income Trust has a fifty-two week low of $8.64 and a fifty-two week high of $10.45.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, June 20th. Shareholders of record on Thursday, June 13th were paid a $0.0461 dividend. The ex-dividend date of this dividend was Thursday, June 13th. This represents a $0.55 annualized dividend and a yield of 5.34%.

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.