ProVise Management Group LLC Purchases 21,750 Shares of Eaton Vance Municipal Income Trust (NYSE:EVN)

ProVise Management Group LLC increased its position in Eaton Vance Municipal Income Trust (NYSE:EVN) by 31.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,783 shares of the investment management company’s stock after buying an additional 21,750 shares during the period. ProVise Management Group LLC’s holdings in Eaton Vance Municipal Income Trust were worth $940,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lynx Investment Advisory purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 2nd quarter worth approximately $81,000. Quarry LP purchased a new stake in Eaton Vance Municipal Income Trust during the fourth quarter valued at $99,000. Livelsberger Financial Advisory bought a new position in Eaton Vance Municipal Income Trust during the fourth quarter valued at $169,000. Integrated Capital Management Inc. lifted its position in Eaton Vance Municipal Income Trust by 10.8% during the second quarter. Integrated Capital Management Inc. now owns 18,323 shares of the investment management company’s stock valued at $190,000 after purchasing an additional 1,786 shares during the last quarter. Finally, Cetera Advisors LLC grew its stake in shares of Eaton Vance Municipal Income Trust by 66.2% in the 1st quarter. Cetera Advisors LLC now owns 18,894 shares of the investment management company’s stock worth $194,000 after buying an additional 7,528 shares in the last quarter.

Eaton Vance Municipal Income Trust Stock Performance

Shares of NYSE EVN opened at $11.24 on Friday. Eaton Vance Municipal Income Trust has a 12-month low of $8.64 and a 12-month high of $11.26. The firm’s 50-day moving average price is $10.73 and its 200-day moving average price is $10.34.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, September 20th. Shareholders of record on Friday, September 13th will be given a dividend of $0.0513 per share. The ex-dividend date of this dividend is Friday, September 13th. This represents a $0.62 dividend on an annualized basis and a yield of 5.48%.

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.