Eaton Vance Municipal Income Trust (NYSE:EVN) Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. decreased its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 16.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,551 shares of the investment management company’s stock after selling 3,400 shares during the period. D.A. Davidson & CO.’s holdings in Eaton Vance Municipal Income Trust were worth $177,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Van ECK Associates Corp boosted its holdings in shares of Eaton Vance Municipal Income Trust by 30.6% in the fourth quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company’s stock worth $3,002,000 after buying an additional 69,652 shares during the period. Moloney Securities Asset Management LLC boosted its stake in Eaton Vance Municipal Income Trust by 8.8% in the 4th quarter. Moloney Securities Asset Management LLC now owns 139,942 shares of the investment management company’s stock worth $1,415,000 after purchasing an additional 11,309 shares during the period. Janney Montgomery Scott LLC raised its stake in Eaton Vance Municipal Income Trust by 0.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 235,550 shares of the investment management company’s stock valued at $2,381,000 after purchasing an additional 1,345 shares during the period. InTrack Investment Management Inc lifted its holdings in shares of Eaton Vance Municipal Income Trust by 93.1% in the fourth quarter. InTrack Investment Management Inc now owns 125,661 shares of the investment management company’s stock valued at $1,259,000 after purchasing an additional 60,577 shares in the last quarter. Finally, Park Avenue Securities LLC boosted its position in shares of Eaton Vance Municipal Income Trust by 7.4% in the fourth quarter. Park Avenue Securities LLC now owns 100,354 shares of the investment management company’s stock worth $1,015,000 after buying an additional 6,912 shares during the period.

Eaton Vance Municipal Income Trust Price Performance

NYSE EVN opened at $10.76 on Friday. The company has a 50 day simple moving average of $10.32 and a 200-day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a 52-week low of $9.79 and a 52-week high of $11.31.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, February 24th. Shareholders of record on Thursday, February 13th were paid a $0.0513 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 5.72%. The ex-dividend date of this dividend was Thursday, February 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.