Stifel Financial Corp Has $651,000 Stake in Eaton Vance Municipal Income Trust (NYSE:EVN)

Stifel Financial Corp boosted its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 5.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 64,384 shares of the investment management company’s stock after purchasing an additional 3,517 shares during the period. Stifel Financial Corp’s holdings in Eaton Vance Municipal Income Trust were worth $651,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. acquired a new position in shares of Eaton Vance Municipal Income Trust during the 4th quarter worth $6,817,000. Whipplewood Advisors LLC bought a new stake in Eaton Vance Municipal Income Trust in the fourth quarter worth $898,000. Van ECK Associates Corp increased its position in Eaton Vance Municipal Income Trust by 30.6% during 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 last quarter. InTrack Investment Management Inc raised its holdings in Eaton Vance Municipal Income Trust by 93.1% during 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 buying an additional 60,577 shares in the last quarter. Finally, Invesco Ltd. raised its holdings in Eaton Vance Municipal Income Trust by 85.8% during the fourth quarter. Invesco Ltd. now owns 124,873 shares of the investment management company’s stock valued at $1,262,000 after buying an additional 57,662 shares in the last quarter.

Eaton Vance Municipal Income Trust Price Performance

Shares of NYSE EVN opened at $10.41 on Monday. The business’s 50-day simple moving average is $10.23 and its 200-day simple moving average is $10.34. Eaton Vance Municipal Income Trust has a 52 week low of $9.59 and a 52 week high of $11.31.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be given a $0.0513 dividend. This represents a $0.62 annualized dividend and a dividend yield of 5.91%. The ex-dividend date of this dividend is Tuesday, May 13th.

Insider Transactions at Eaton Vance Municipal Income Trust

In related news, insider Cynthia Frost sold 15,000 shares of the business’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total transaction of $159,750.00. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.00% of the stock is currently owned by corporate 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.