Peapack Gladstone Financial Corp Sells 1,069 Shares of Eaton Vance Municipal Income Trust (NYSE:EVN)

Peapack Gladstone Financial Corp lowered its stake in Eaton Vance Municipal Income Trust (NYSE:EVN) by 7.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,965 shares of the investment management company’s stock after selling 1,069 shares during the quarter. Peapack Gladstone Financial Corp’s holdings in Eaton Vance Municipal Income Trust were worth $142,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of EVN. Pathway Financial Advisers LLC grew its holdings in Eaton Vance Municipal Income Trust by 997.0% in the third quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company’s stock worth $80,000 after purchasing an additional 6,630 shares during the period. Horizon Kinetics Asset Management LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust in the 3rd quarter valued at about $110,000. Cetera Advisors LLC increased its position in Eaton Vance Municipal Income Trust by 66.2% in the 1st quarter. Cetera Advisors LLC now owns 18,894 shares of the investment management company’s stock valued at $194,000 after buying an additional 7,528 shares in the last quarter. HighTower Advisors LLC acquired a new position in Eaton Vance Municipal Income Trust during the 3rd quarter worth approximately $231,000. Finally, Sanctuary Advisors LLC bought a new position in Eaton Vance Municipal Income Trust in the second quarter worth approximately $299,000.

Eaton Vance Municipal Income Trust Stock Performance

NYSE EVN opened at $10.30 on Tuesday. Eaton Vance Municipal Income Trust has a 52 week low of $9.68 and a 52 week high of $11.31. The business has a 50 day moving average price of $10.61 and a 200-day moving average price of $10.61.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently declared a dividend, which will be paid on Thursday, December 19th. Shareholders of record on Thursday, December 12th will be paid a dividend of $0.0513 per share. The ex-dividend date of this dividend is Thursday, December 12th.

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.