Valley Brook Capital Group Takes Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Valley Brook Capital Group bought a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN) in the 4th quarter, Holdings Channel.com reports. The firm bought 5,000 shares of the investment management company’s stock, valued at approximately $66,000.

Several other institutional investors have also recently bought and sold shares of EVN. Kestra Advisory Services LLC raised its stake in Eaton Vance Municipal Income Trust by 112.7% during the 4th quarter. Kestra Advisory Services LLC now owns 418,381 shares of the investment management company’s stock valued at $5,585,000 after acquiring an additional 221,655 shares during the last quarter. Morgan Stanley raised its stake in Eaton Vance Municipal Income Trust by 8.2% during the 3rd quarter. Morgan Stanley now owns 236,518 shares of the investment management company’s stock valued at $3,030,000 after acquiring an additional 17,944 shares during the last quarter. Wells Fargo & Company MN raised its stake in Eaton Vance Municipal Income Trust by 7.2% during the 4th quarter. Wells Fargo & Company MN now owns 235,088 shares of the investment management company’s stock valued at $3,146,000 after acquiring an additional 15,872 shares during the last quarter. Van ECK Associates Corp raised its stake in Eaton Vance Municipal Income Trust by 6.7% during the 3rd quarter. Van ECK Associates Corp now owns 187,882 shares of the investment management company’s stock valued at $2,407,000 after acquiring an additional 11,817 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in Eaton Vance Municipal Income Trust by 7.6% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 128,753 shares of the investment management company’s stock valued at $1,723,000 after acquiring an additional 9,079 shares during the last quarter. 17.50% of the stock is owned by institutional investors and hedge funds.

EVN opened at $13.89 on Thursday. The business has a 50 day moving average price of $13.51 and a two-hundred day moving average price of $13.25. Eaton Vance Municipal Income Trust has a 52 week low of $11.36 and a 52 week high of $13.90.

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 19th. Shareholders of record on Monday, April 12th will be paid a dividend of $0.0477 per share. This represents a $0.57 annualized dividend and a yield of 4.12%. The ex-dividend date of this dividend is Friday, April 9th.

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.

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Institutional Ownership by Quarter for Eaton Vance Municipal Income Trust (NYSE:EVN)

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