International Assets Investment Management LLC Invests $816,000 in Eaton Vance Municipal Income Trust (NYSE:EVN)

International Assets Investment Management LLC purchased a new position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) in the third quarter, HoldingsChannel reports. The firm purchased 74,368 shares of the investment management company’s stock, valued at approximately $816,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Lynx Investment Advisory purchased a new position in shares of Eaton Vance Municipal Income Trust in the 2nd quarter valued at about $81,000. Integrated Capital Management Inc. raised 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 worth $190,000 after acquiring an additional 1,786 shares in the last quarter. Cetera Advisors LLC raised its position in shares of Eaton Vance Municipal Income Trust by 66.2% during the 1st quarter. Cetera Advisors LLC now owns 18,894 shares of the investment management company’s stock worth $194,000 after acquiring an additional 7,528 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust during the 2nd quarter worth about $299,000. Finally, Arkadios Wealth Advisors acquired a new stake in shares of Eaton Vance Municipal Income Trust during the 2nd quarter worth about $328,000.

Eaton Vance Municipal Income Trust Stock Up 0.7 %

EVN opened at $10.49 on Wednesday. Eaton Vance Municipal Income Trust has a 52 week low of $9.17 and a 52 week high of $11.31. The business’s 50 day moving average is $10.87 and its two-hundred day moving average is $10.50.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, November 18th. Shareholders of record on Monday, November 11th will be given a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a yield of 5.87%. The ex-dividend date of this dividend is Friday, November 8th.

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.