Camelot Portfolios LLC Cuts Stock Position in DWS Municipal Income Trust (NYSE:KTF)

Camelot Portfolios LLC decreased its holdings in shares of DWS Municipal Income Trust (NYSE:KTF) by 19.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,025 shares of the investment management company’s stock after selling 7,118 shares during the period. Camelot Portfolios LLC owned about 0.07% of DWS Municipal Income Trust worth $274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. HighTower Advisors LLC lifted its position in shares of DWS Municipal Income Trust by 18.5% in the third quarter. HighTower Advisors LLC now owns 13,651 shares of the investment management company’s stock valued at $135,000 after acquiring an additional 2,135 shares in the last quarter. Integrated Capital Management Inc. increased its position in shares of DWS Municipal Income Trust by 17.0% during the fourth quarter. Integrated Capital Management Inc. now owns 23,715 shares of the investment management company’s stock worth $224,000 after purchasing an additional 3,454 shares in the last quarter. US Bancorp DE acquired a new position in DWS Municipal Income Trust in the 3rd quarter valued at $80,000. Park Avenue Securities LLC lifted its holdings in DWS Municipal Income Trust by 10.6% in the 4th quarter. Park Avenue Securities LLC now owns 113,646 shares of the investment management company’s stock valued at $1,074,000 after purchasing an additional 10,885 shares in the last quarter. Finally, Walleye Capital LLC acquired a new stake in DWS Municipal Income Trust during the 3rd quarter worth $114,000. Institutional investors and hedge funds own 57.71% of the company’s stock.

DWS Municipal Income Trust Stock Up 0.5 %

DWS Municipal Income Trust stock opened at $9.68 on Friday. The company has a fifty day simple moving average of $9.54 and a 200-day simple moving average of $9.77. DWS Municipal Income Trust has a 52-week low of $8.87 and a 52-week high of $10.22.

DWS Municipal Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 20th will be issued a $0.061 dividend. The ex-dividend date of this dividend is Thursday, February 20th. This represents a $0.73 dividend on an annualized basis and a yield of 7.57%.

DWS Municipal Income Trust Profile

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.