Robinson Capital Management LLC Has $4.07 Million Stock Holdings in Eaton Vance Municipal Income Trust (NYSE:EVN)

Robinson Capital Management LLC lessened its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 11.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 402,506 shares of the investment management company’s stock after selling 50,031 shares during the period. Eaton Vance Municipal Income Trust comprises 1.6% of Robinson Capital Management LLC’s holdings, making the stock its 23rd largest position. Robinson Capital Management LLC owned approximately 1.01% of Eaton Vance Municipal Income Trust worth $4,069,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in EVN. Pathway Financial Advisers LLC increased its holdings in shares of Eaton Vance Municipal Income Trust by 997.0% during the 3rd quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company’s stock worth $80,000 after acquiring an additional 6,630 shares during the last quarter. Horizon Kinetics Asset Management LLC acquired a new position in Eaton Vance Municipal Income Trust during the third quarter worth about $110,000. HighTower Advisors LLC bought a new position in shares of Eaton Vance Municipal Income Trust in the third quarter worth about $231,000. Sanctuary Advisors LLC boosted its stake in shares of Eaton Vance Municipal Income Trust by 52.6% in the 3rd quarter. Sanctuary Advisors LLC now owns 46,393 shares of the investment management company’s stock valued at $482,000 after purchasing an additional 16,000 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Eaton Vance Municipal Income Trust by 33.0% in the 3rd quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company’s stock valued at $668,000 after purchasing an additional 15,101 shares in the last quarter.

Eaton Vance Municipal Income Trust Trading Up 1.5 %

EVN stock opened at $10.60 on Tuesday. The company has a 50 day simple moving average of $10.26 and a 200 day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a 1 year low of $9.79 and a 1 year high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, February 24th. Stockholders of record on Thursday, February 13th will be issued a dividend of $0.0513 per share. The ex-dividend date is Thursday, February 13th. This represents a $0.62 annualized dividend and a dividend yield of 5.81%.

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.