Thomas J. Herzfeld Advisors Inc. Takes Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Thomas J. Herzfeld Advisors Inc. acquired a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 11,241 shares of the investment management company’s stock, valued at approximately $137,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Wealthcare Advisory Partners LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $38,000. Sawtooth Solutions LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $125,000. Dakota Wealth Management purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $127,000. KMG Fiduciary Partners LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $134,000. Finally, Private Advisor Group LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the 1st quarter worth approximately $134,000. 16.39% of the stock is owned by institutional investors.

Shares of EVN traded down $0.04 during mid-day trading on Friday, hitting $12.30. The company’s stock had a trading volume of 44,513 shares, compared to its average volume of 67,363. Eaton Vance Municipal Income Trust has a 52-week low of $10.74 and a 52-week high of $12.44.

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 13th will be given a $0.0474 dividend. The ex-dividend date is Wednesday, June 12th. This represents a $0.57 annualized dividend and a dividend yield of 4.62%.

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Eaton Vance Municipal Income Trust Company 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.

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

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