U.S. Capital Wealth Advisors LLC Sells 76,584 Shares of Eaton Vance Municipal Income 2028 Term Trust $ETX

U.S. Capital Wealth Advisors LLC decreased its holdings in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 71.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 30,803 shares of the investment management company’s stock after selling 76,584 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $576,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Anchor Investment Management LLC raised its stake in Eaton Vance Municipal Income 2028 Term Trust by 16.0% in the third quarter. Anchor Investment Management LLC now owns 10,900 shares of the investment management company’s stock worth $210,000 after buying an additional 1,500 shares in the last quarter. Stratos Wealth Partners LTD. bought a new position in Eaton Vance Municipal Income 2028 Term Trust in the fourth quarter worth approximately $246,000. World Investment Advisors bought a new position in Eaton Vance Municipal Income 2028 Term Trust in the third quarter worth approximately $293,000. Osaic Holdings Inc. raised its stake in Eaton Vance Municipal Income 2028 Term Trust by 16.7% in the second quarter. Osaic Holdings Inc. now owns 17,342 shares of the investment management company’s stock worth $312,000 after buying an additional 2,487 shares in the last quarter. Finally, Merit Financial Group LLC increased its position in shares of Eaton Vance Municipal Income 2028 Term Trust by 7.8% during the third quarter. Merit Financial Group LLC now owns 26,239 shares of the investment management company’s stock worth $506,000 after purchasing an additional 1,904 shares in the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Stock Down 1.4%

Shares of ETX stock opened at $18.64 on Thursday. The business’s fifty day simple moving average is $18.81 and its 200-day simple moving average is $18.96. Eaton Vance Municipal Income 2028 Term Trust has a 12-month low of $17.67 and a 12-month high of $20.00.

Eaton Vance Municipal Income 2028 Term Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Wednesday, April 15th will be given a dividend of $0.0782 per share. The ex-dividend date of this dividend is Wednesday, April 15th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust (NYSE: ETX) is a closed-end management investment company that seeks to provide a high level of current income exempt from federal income tax. The trust primarily invests in investment-grade municipal securities that mature on or before the trust’s termination date in 2028, focusing on debt issued by state and local governments, authorities, and agencies across the United States.

The portfolio is diversified across sectors such as transportation, education, healthcare, utilities, and general purpose obligations, with the goal of managing credit risk and preserving capital.