Hennion & Walsh Asset Management Inc. Decreases Stake in Eaton Vance Municipal Income Trust (NYSE:EVN)

Hennion & Walsh Asset Management Inc. cut its stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 16.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 131,920 shares of the investment management company’s stock after selling 26,094 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Eaton Vance Municipal Income Trust were worth $1,447,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. Lynx Investment Advisory acquired a new position in Eaton Vance Municipal Income Trust in the 2nd quarter worth approximately $81,000. Integrated Capital Management Inc. increased its stake in shares of Eaton Vance Municipal Income Trust by 10.8% in the second quarter. Integrated Capital Management Inc. now owns 18,323 shares of the investment management company’s stock worth $190,000 after acquiring an additional 1,786 shares during the period. Cetera Advisors LLC raised its holdings in shares of Eaton Vance Municipal Income Trust by 66.2% during the first quarter. Cetera Advisors LLC now owns 18,894 shares of the investment management company’s stock worth $194,000 after purchasing an additional 7,528 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Eaton Vance Municipal Income Trust during the second quarter valued at $299,000. Finally, Arkadios Wealth Advisors purchased a new stake in Eaton Vance Municipal Income Trust in the second quarter valued at $328,000.

Eaton Vance Municipal Income Trust Stock Down 0.1 %

Shares of EVN opened at $10.58 on Friday. The business’s 50-day moving average is $10.91 and its two-hundred day moving average is $10.47. Eaton Vance Municipal Income Trust has a fifty-two week low of $8.64 and a fifty-two week high of $11.31.

Eaton Vance Municipal Income Trust Announces Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 11th were given a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a yield of 5.82%. The ex-dividend date was Friday, October 11th.

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.