Park Avenue Securities LLC Grows Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Park Avenue Securities LLC raised its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 100,354 shares of the investment management company’s stock after buying an additional 6,912 shares during the quarter. Park Avenue Securities LLC owned about 0.25% of Eaton Vance Municipal Income Trust worth $1,015,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Raymond James & Associates boosted its holdings in shares of Eaton Vance Municipal Income Trust by 0.4% in the 3rd quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock valued at $3,016,000 after buying an additional 1,210 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings in Eaton Vance Municipal Income Trust by 1.7% in the third quarter. Janney Montgomery Scott LLC now owns 234,205 shares of the investment management company’s stock worth $2,569,000 after purchasing an additional 4,016 shares during the last quarter. Pathway Financial Advisers LLC grew its holdings in Eaton Vance Municipal Income Trust by 997.0% in the third quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company’s stock worth $80,000 after purchasing an additional 6,630 shares during the last quarter. Horizon Kinetics Asset Management LLC purchased a new position in Eaton Vance Municipal Income Trust in the third quarter worth $110,000. Finally, Stifel Financial Corp grew its holdings in Eaton Vance Municipal Income Trust by 33.0% in the third quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company’s stock worth $668,000 after purchasing an additional 15,101 shares during the last quarter.

Eaton Vance Municipal Income Trust Stock Up 0.4 %

NYSE EVN opened at $10.22 on Tuesday. The firm’s fifty day simple moving average is $10.31 and its two-hundred day simple moving average is $10.59. Eaton Vance Municipal Income Trust has a 12-month low of $9.68 and a 12-month high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Monday, January 13th will be issued a $0.0513 dividend. This represents a $0.62 annualized dividend and a yield of 6.02%. The ex-dividend date is Monday, January 13th.

About Eaton Vance Municipal Income Trust

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.