Moloney Securities Asset Management LLC Acquires 18,380 Shares of Eaton Vance Municipal Income Trust (NYSE:EVN)

by · The Cerbat Gem

Moloney Securities Asset Management LLC boosted its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN – Free Report) by 16.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 128,633 shares of the investment management company’s stock after buying an additional 18,380 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in Eaton Vance Municipal Income Trust were worth $1,411,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its position in shares of Eaton Vance Municipal Income Trust by 0.4% in the third quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock worth $3,016,000 after purchasing an additional 1,210 shares during the period. Janney Montgomery Scott LLC lifted its holdings in shares of 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 buying an additional 4,016 shares in the last quarter. Rothschild Investment LLC purchased a new position in shares of Eaton Vance Municipal Income Trust in the second quarter worth $1,274,000. InTrack Investment Management Inc lifted its holdings in shares of Eaton Vance Municipal Income Trust by 76.4% in the second quarter. InTrack Investment Management Inc now owns 94,013 shares of the investment management company’s stock worth $973,000 after buying an additional 40,712 shares in the last quarter. Finally, ProVise Management Group LLC lifted its holdings in shares of Eaton Vance Municipal Income Trust by 31.5% in the second quarter. ProVise Management Group LLC now owns 90,783 shares of the investment management company’s stock worth $940,000 after buying an additional 21,750 shares in the last quarter.

Eaton Vance Municipal Income Trust Price Performance

EVN stock opened at $10.49 on Wednesday. Eaton Vance Municipal Income Trust has a one year low of $9.17 and a one year high of $11.31. The company’s fifty day moving average price is $10.87 and its 200-day moving average price is $10.50.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, November 18th. Investors of record on Monday, November 11th will be paid a dividend of $0.0513 per share. This represents a $0.62 dividend on an annualized basis and a yield of 5.87%. The ex-dividend date of this dividend is Friday, November 8th.

Eaton Vance Municipal Income Trust Profile

(Free Report)

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.

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