Eaton Vance Municipal Income Trust (NYSE:EVN) Stock Price Crosses Above 200-Day Moving Average of $10.37

Shares of Eaton Vance Municipal Income Trust (NYSE:EVN) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $10.37 and traded as high as $10.99. Eaton Vance Municipal Income Trust shares last traded at $10.96, with a volume of 62,489 shares changing hands.

Eaton Vance Municipal Income Trust Stock Up 0.1 %

The business has a fifty day moving average of $10.80 and a two-hundred day moving average of $10.38.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 13th were paid a dividend of $0.0513 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.62 annualized dividend and a yield of 5.62%.

Institutional Investors Weigh In On Eaton Vance Municipal Income Trust

A number of large investors have recently modified their holdings of the business. Lynx Investment Advisory purchased a new stake in shares of Eaton Vance Municipal Income Trust in the second quarter valued at approximately $81,000. Quarry LP acquired a new stake in shares of Eaton Vance Municipal Income Trust in the 4th quarter worth $99,000. Livelsberger Financial Advisory purchased a new position in shares of Eaton Vance Municipal Income Trust during the 4th quarter worth $169,000. Integrated Capital Management Inc. boosted its position in shares of Eaton Vance Municipal Income Trust by 10.8% during the 2nd quarter. Integrated Capital Management Inc. now owns 18,323 shares of the investment management company’s stock valued at $190,000 after acquiring an additional 1,786 shares during the last quarter. Finally, Cetera Advisors LLC grew its holdings in shares of Eaton Vance Municipal Income Trust by 66.2% in the first quarter. Cetera Advisors LLC now owns 18,894 shares of the investment management company’s stock valued at $194,000 after purchasing an additional 7,528 shares during the period.

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.