Wolverine Asset Management LLC Has $601,000 Stock Holdings in Eaton Vance California Municipal Income Trust (NYSE:CEV)

Wolverine Asset Management LLC boosted its position in Eaton Vance California Municipal Income Trust (NYSE:CEV) by 255.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 59,812 shares of the company’s stock after purchasing an additional 42,983 shares during the quarter. Wolverine Asset Management LLC’s holdings in Eaton Vance California Municipal Income Trust were worth $601,000 as of its most recent SEC filing.

Separately, Advisors Asset Management Inc. grew its stake in shares of Eaton Vance California Municipal Income Trust by 30.4% during the 3rd quarter. Advisors Asset Management Inc. now owns 54,396 shares of the company’s stock worth $591,000 after acquiring an additional 12,695 shares in the last quarter. Institutional investors own 35.88% of the company’s stock.

Eaton Vance California Municipal Income Trust Price Performance

Shares of CEV stock opened at $10.27 on Monday. Eaton Vance California Municipal Income Trust has a 12 month low of $9.91 and a 12 month high of $11.29. The company’s fifty day simple moving average is $10.12 and its 200-day simple moving average is $10.53.

Eaton Vance California Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, February 24th. Shareholders of record on Thursday, February 13th will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, February 13th. This represents a $0.60 annualized dividend and a yield of 5.84%.

Eaton Vance California Municipal Income Trust Profile

Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.