Horizon Kinetics Asset Management LLC Purchases New Stake in Eaton Vance Municipal Income Trust (NYSE:EVN)

Horizon Kinetics Asset Management LLC purchased a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN) in the third quarter, HoldingsChannel.com reports. The fund purchased 10,014 shares of the investment management company’s stock, valued at approximately $110,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Raymond James & Associates raised its stake in 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 valued at $3,016,000 after purchasing an additional 1,210 shares in the last quarter. Janney Montgomery Scott LLC raised its stake 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 valued at $2,569,000 after purchasing an additional 4,016 shares in the last quarter. Moloney Securities Asset Management LLC grew its position in Eaton Vance Municipal Income Trust by 16.7% in the third quarter. Moloney Securities Asset Management LLC now owns 128,633 shares of the investment management company’s stock valued at $1,411,000 after acquiring an additional 18,380 shares during the last quarter. Rothschild Investment LLC bought a new position in Eaton Vance Municipal Income Trust in the second quarter valued at about $1,274,000. Finally, InTrack Investment Management Inc grew its position in 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 valued at $973,000 after acquiring an additional 40,712 shares during the last quarter.

Eaton Vance Municipal Income Trust Trading Up 0.3 %

Eaton Vance Municipal Income Trust stock opened at $10.50 on Wednesday. Eaton Vance Municipal Income Trust has a 12-month low of $9.42 and a 12-month high of $11.31. The business’s 50-day moving average price is $10.73 and its two-hundred day moving average price is $10.55.

Eaton Vance Municipal Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Monday, November 18th. Shareholders of record on Monday, November 11th were given a $0.0513 dividend. This represents a $0.62 dividend on an annualized basis and a yield of 5.86%. The ex-dividend date was Friday, November 8th.

Eaton Vance Municipal Income Trust 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.