Van ECK Associates Corp Buys 8,740 Shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Van ECK Associates Corp lifted its stake in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 18.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,370 shares of the investment management company’s stock after purchasing an additional 8,740 shares during the period. Van ECK Associates Corp’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $975,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Rockefeller Capital Management L.P. grew its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 3.7% in the third quarter. Rockefeller Capital Management L.P. now owns 556,482 shares of the investment management company’s stock worth $10,506,000 after purchasing an additional 19,700 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 18.4% in the third quarter. Sanctuary Advisors LLC now owns 78,933 shares of the investment management company’s stock worth $1,431,000 after purchasing an additional 12,250 shares during the last quarter. Stifel Financial Corp grew its holdings in Eaton Vance Municipal Income 2028 Term Trust by 8.4% during the 3rd quarter. Stifel Financial Corp now owns 42,650 shares of the investment management company’s stock worth $805,000 after acquiring an additional 3,300 shares in the last quarter. Aviance Capital Partners LLC grew its holdings in Eaton Vance Municipal Income 2028 Term Trust by 6.4% during the 3rd quarter. Aviance Capital Partners LLC now owns 14,685 shares of the investment management company’s stock worth $277,000 after acquiring an additional 889 shares in the last quarter. Finally, Merit Financial Group LLC bought a new position in Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter worth about $231,000.

Eaton Vance Municipal Income 2028 Term Trust Trading Up 0.2 %

Shares of Eaton Vance Municipal Income 2028 Term Trust stock opened at $18.30 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a 1 year low of $17.48 and a 1 year high of $19.44. The firm’s 50-day moving average is $17.99 and its two-hundred day moving average is $18.41.

Eaton Vance Municipal Income 2028 Term Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a dividend of $0.0782 per share. This represents a $0.94 annualized dividend and a yield of 5.13%. The ex-dividend date is Friday, February 14th.

About Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.