InTrack Investment Management Inc Grows Stock Holdings in Eaton Vance Municipal Income Trust (NYSE:EVN)

InTrack Investment Management Inc boosted its holdings in Eaton Vance Municipal Income Trust (NYSE:EVN) by 93.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,661 shares of the investment management company’s stock after buying an additional 60,577 shares during the quarter. InTrack Investment Management Inc owned approximately 0.32% of Eaton Vance Municipal Income Trust worth $1,259,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new position in Eaton Vance Municipal Income Trust in the third quarter valued at $816,000. Sanctuary Advisors LLC acquired a new stake in shares of Eaton Vance Municipal Income Trust in the 2nd quarter valued at about $299,000. ProVise Management Group LLC grew its stake in Eaton Vance Municipal Income Trust by 31.5% during the 2nd quarter. ProVise Management Group LLC now owns 90,783 shares of the investment management company’s stock worth $940,000 after buying an additional 21,750 shares during the last quarter. HighTower Advisors LLC acquired a new position in Eaton Vance Municipal Income Trust during the third quarter worth approximately $231,000. Finally, Moloney Securities Asset Management LLC increased its position in Eaton Vance Municipal Income Trust by 16.7% during the third quarter. Moloney Securities Asset Management LLC now owns 128,633 shares of the investment management company’s stock worth $1,411,000 after buying an additional 18,380 shares during the period.

Eaton Vance Municipal Income Trust Price Performance

EVN stock opened at $10.22 on Friday. The business has a 50 day simple moving average of $10.32 and a 200-day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a twelve month low of $9.68 and a twelve month high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, January 22nd. Shareholders of record on Monday, January 13th will be given a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a yield of 6.02%. The ex-dividend date of this dividend is Monday, January 13th.

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.