Rothschild Investment LLC Trims Stake in Eaton Vance Municipal Income Trust $EVN
Rothschild Investment LLC reduced its stake in Eaton Vance Municipal Income Trust by 70.7% in Q2, now holding 61,000 shares worth $624,000. Other institutional investors also adjusted their positions. EVN shares opened at $10.92 with a 52-week range of $9.59-$11.23. A monthly dividend of $0.0513 will be paid on November 26th. EVN is a closed-end fixed income mutual fund investing in municipal obligations.
Rothschild Investment LLC cut its position in shares of Eaton Vance Municipal Income Trust (NYSE:EVN - Free Report) by 70.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,000 shares of the investment management company's stock after selling 147,100 shares during the period. Rothschild Investment LLC owned about 0.15% of Eaton Vance Municipal Income Trust worth $624,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Dagco Inc. purchased a new position in shares of Eaton Vance Municipal Income Trust during the first quarter valued at $25,000. Abel Hall LLC purchased a new stake in Eaton Vance Municipal Income Trust in the second quarter worth about $102,000. PNC Financial Services Group Inc. grew its holdings in Eaton Vance Municipal Income Trust by 33.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 10,613 shares of the investment management company's stock worth $109,000 after acquiring an additional 2,672 shares in the last quarter. Camelot Portfolios LLC increased its position in Eaton Vance Municipal Income Trust by 7.1% during the 2nd quarter. Camelot Portfolios LLC now owns 18,556 shares of the investment management company's stock valued at $190,000 after purchasing an additional 1,235 shares during the period. Finally, Integrated Capital Management Inc. increased its position in Eaton Vance Municipal Income Trust by 12.4% during the 2nd quarter. Integrated Capital Management Inc. now owns 25,076 shares of the investment management company's stock valued at $257,000 after purchasing an additional 2,766 shares during the period.
Eaton Vance Municipal Income Trust Stock Down 0.3%
Shares of EVN opened at $10.92 on Wednesday. The company has a 50 day moving average price of $11.04 and a 200-day moving average price of $10.61. Eaton Vance Municipal Income Trust has a fifty-two week low of $9.59 and a fifty-two week high of $11.23.
Eaton Vance Municipal Income Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, November 26th. Investors of record on Thursday, November 13th will be paid a $0.0513 dividend. The ex-dividend date of this dividend is Thursday, November 13th. This represents a c) dividend on an annualized basis and a yield of 5.6%.
Eaton Vance Municipal Income Trust Profile
(Free Report)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.
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