Vivaldi Capital Management LLC boosted its position in shares of Eaton Vance Municipal (NYSEAMERICAN:EIM) by 67.4% in the 1st quarter, Holdings Channel reports. The firm owned 75,828 shares of the company’s stock after buying an additional 30,522 shares during the quarter. Vivaldi Capital Management LLC’s holdings in Eaton Vance Municipal were worth $896,000 at the end of the most recent quarter.
Other large investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in Eaton Vance Municipal during the 4th quarter worth about $148,000. Wedbush Securities Inc. bought a new stake in Eaton Vance Municipal during the 1st quarter worth about $427,000. Dynamic Advisor Solutions LLC bought a new stake in Eaton Vance Municipal during the 1st quarter worth about $231,000. Wells Fargo & Company MN raised its holdings in Eaton Vance Municipal by 5.0% during the 1st quarter. Wells Fargo & Company MN now owns 1,185,186 shares of the company’s stock worth $14,008,000 after purchasing an additional 56,583 shares during the last quarter. Finally, Raymond James & Associates raised its holdings in Eaton Vance Municipal by 2.0% during the 4th quarter. Raymond James & Associates now owns 235,988 shares of the company’s stock worth $2,952,000 after purchasing an additional 4,652 shares during the last quarter.
Shares of EIM stock opened at $11.78 on Wednesday. Eaton Vance Municipal has a one year low of $11.74 and a one year high of $11.76.
The business also recently declared a monthly dividend, which will be paid on Thursday, May 31st. Stockholders of record on Thursday, May 24th will be paid a $0.0479 dividend. The ex-dividend date is Wednesday, May 23rd. This represents a $0.57 dividend on an annualized basis and a dividend yield of 4.88%.
About Eaton Vance Municipal
Eaton Vance Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The Fund invests primarily in debt securities issued by municipalities.
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