Capital Investment Advisors LLC Has $774,000 Position in Eaton Vance Municipal Income Trust $EVN

Capital Investment Advisors LLC cut its position in Eaton Vance Municipal Income Trust (NYSE:EVN) by 5.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 75,682 shares of the investment management company’s stock after selling 4,574 shares during the quarter. Capital Investment Advisors LLC owned 0.19% of Eaton Vance Municipal Income Trust worth $774,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Dagco Inc. acquired a new position in Eaton Vance Municipal Income Trust during the 1st quarter worth approximately $25,000. PNC Financial Services Group Inc. increased its position in Eaton Vance Municipal Income Trust by 33.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,613 shares of the investment management company’s stock worth $109,000 after purchasing an additional 2,672 shares in the last quarter. Camelot Portfolios LLC increased its position in Eaton Vance Municipal Income Trust by 7.1% during the 2nd quarter. Camelot Portfolios LLC now owns 18,556 shares of the investment management company’s stock worth $190,000 after purchasing an additional 1,235 shares in the last quarter. HighTower Advisors LLC increased its position in Eaton Vance Municipal Income Trust by 8.4% during the 1st quarter. HighTower Advisors LLC now owns 26,183 shares of the investment management company’s stock worth $269,000 after purchasing an additional 2,035 shares in the last quarter. Finally, Baird Financial Group Inc. increased its position in Eaton Vance Municipal Income Trust by 77.1% during the 1st quarter. Baird Financial Group Inc. now owns 45,734 shares of the investment management company’s stock worth $469,000 after purchasing an additional 19,914 shares in the last quarter.

Eaton Vance Municipal Income Trust Trading Down 0.7%

EVN stock opened at $11.00 on Friday. The company has a 50 day simple moving average of $10.70 and a 200 day simple moving average of $10.40. Eaton Vance Municipal Income Trust has a 1 year low of $9.59 and a 1 year high of $11.23.

Eaton Vance Municipal Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 23rd. Investors of record on Monday, October 13th will be given a dividend of $0.0513 per share. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date is Friday, October 10th.

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.