Commonwealth Equity Services LLC Lowers Stock Position in Eaton Vance California Municipal Income Trust (NYSE:CEV)

Commonwealth Equity Services LLC lessened its position in shares of Eaton Vance California Municipal Income Trust (NYSE:CEV) by 14.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,727 shares of the company’s stock after selling 2,000 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Eaton Vance California Municipal Income Trust were worth $118,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Noble Wealth Management PBC acquired a new position in shares of Eaton Vance California Municipal Income Trust during the 4th quarter worth approximately $32,000. Whipplewood Advisors LLC purchased a new position in Eaton Vance California Municipal Income Trust during the fourth quarter worth approximately $169,000. Wealthspire Advisors LLC boosted its stake in Eaton Vance California Municipal Income Trust by 68.1% during the fourth 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 last quarter. Raymond James Financial Inc. purchased a new stake in Eaton Vance California Municipal Income Trust in the 4th quarter valued at $481,000. Finally, Wolverine Asset Management LLC increased its stake 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 worth $601,000 after acquiring an additional 42,983 shares during the last quarter. Hedge funds and other institutional investors own 35.88% of the company’s stock.

Eaton Vance California Municipal Income Trust Trading Down 2.1 %

NYSE:CEV opened at $9.46 on Friday. The company’s 50-day moving average is $10.12 and its two-hundred day moving average is $10.31. Eaton Vance California Municipal Income Trust has a 1-year low of $9.43 and a 1-year high of $11.29.

Eaton Vance California Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 22nd. Stockholders of record on Friday, April 11th will be given a dividend of $0.05 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.34%. The ex-dividend date of this dividend is Friday, April 11th.

Eaton Vance California Municipal Income Trust Company Profile

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.