LPL Financial LLC Has $1.54 Million Stock Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

LPL Financial LLC grew its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN) by 2.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 151,880 shares of the investment management company’s stock after buying an additional 3,477 shares during the period. LPL Financial LLC’s holdings in Eaton Vance Municipal Income Trust were worth $1,536,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Ackerman Capital Advisors LLC purchased a new position in Eaton Vance Municipal Income Trust during the fourth quarter valued at approximately $142,000. one8zero8 LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $182,000. HighTower Advisors LLC acquired a new position in shares of Eaton Vance Municipal Income Trust in the third quarter worth $231,000. Sanctuary Advisors LLC raised its holdings in shares of Eaton Vance Municipal Income Trust by 52.6% during the third quarter. Sanctuary Advisors LLC now owns 46,393 shares of the investment management company’s stock worth $482,000 after acquiring an additional 16,000 shares in the last quarter. Finally, Noble Wealth Management PBC acquired a new stake in Eaton Vance Municipal Income Trust during the fourth quarter valued at $519,000.

Eaton Vance Municipal Income Trust Stock Down 0.1 %

Shares of EVN stock opened at $9.94 on Friday. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.59 and a fifty-two week high of $11.31. The stock’s 50-day moving average is $10.39 and its two-hundred day moving average is $10.43.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 22nd. Investors of record on Friday, April 11th will be paid a $0.0513 dividend. This represents a $0.62 annualized dividend and a dividend yield of 6.19%. The ex-dividend date of this dividend is Friday, April 11th.

Insider Activity at Eaton Vance Municipal Income Trust

In other news, insider Cynthia Frost sold 15,000 shares of Eaton Vance Municipal Income Trust stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.00% of the stock is owned by company insiders.

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.