Commonwealth Equity Services LLC Cuts Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Commonwealth Equity Services LLC trimmed its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 8.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 76,083 shares of the investment management company’s stock after selling 7,350 shares during the period. Commonwealth Equity Services LLC’s holdings in Eaton Vance Municipal Income Trust were worth $787,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Rothschild Investment LLC purchased a new position in Eaton Vance Municipal Income Trust in the second quarter valued at approximately $1,274,000. Gridiron Partners LLC purchased a new position in Eaton Vance Municipal Income Trust in the fourth quarter valued at approximately $826,000. InTrack Investment Management Inc increased its stake in Eaton Vance Municipal Income Trust by 76.4% in the second quarter. InTrack Investment Management Inc now owns 94,013 shares of the investment management company’s stock valued at $973,000 after purchasing an additional 40,712 shares during the last quarter. Arkadios Wealth Advisors purchased a new position in Eaton Vance Municipal Income Trust in the second quarter valued at approximately $328,000. Finally, Nomura Holdings Inc. acquired a new stake in shares of Eaton Vance Municipal Income Trust in the fourth quarter valued at approximately $204,000.

Eaton Vance Municipal Income Trust Price Performance

EVN stock opened at $11.19 on Thursday. Eaton Vance Municipal Income Trust has a twelve month low of $8.64 and a twelve month high of $11.24. The business has a 50 day simple moving average of $10.71 and a 200-day simple moving average of $10.33.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, September 20th. Investors of record on Friday, September 13th will be issued a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a dividend yield of 5.50%. The ex-dividend date is Friday, September 13th.

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.