Raymond James Financial Inc. Makes New $3.58 Million Investment in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Raymond James Financial Inc. acquired a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 203,305 shares of the investment management company’s stock, valued at approximately $3,580,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Wolverine Asset Management LLC purchased a new stake in Eaton Vance Municipal Income 2028 Term Trust during the fourth quarter valued at about $862,000. Rockefeller Capital Management L.P. increased its position in shares of Eaton Vance Municipal Income 2028 Term Trust by 3.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 556,482 shares of the investment management company’s stock valued at $10,506,000 after purchasing an additional 19,700 shares during the last quarter. Merit Financial Group LLC purchased a new position in shares of Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter valued at about $231,000. XML Financial LLC bought a new stake in Eaton Vance Municipal Income 2028 Term Trust in the 4th quarter worth approximately $217,000. Finally, Sanctuary Advisors LLC boosted its stake in 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 buying an additional 12,250 shares in the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Stock Down 0.0 %

Shares of Eaton Vance Municipal Income 2028 Term Trust stock opened at $18.20 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a 52-week low of $17.48 and a 52-week high of $19.44. The company has a fifty day moving average of $18.24 and a 200-day moving average of $18.34.

Eaton Vance Municipal Income 2028 Term Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.0782 dividend. This represents a $0.94 annualized dividend and a dividend yield of 5.16%. The ex-dividend date of this dividend is Friday, March 14th.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

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.