Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) Shares Acquired by Stifel Financial Corp

Stifel Financial Corp boosted its stake in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 8.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 42,650 shares of the investment management company’s stock after buying an additional 3,300 shares during the period. Stifel Financial Corp’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $805,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. increased its stake in Eaton Vance Municipal Income 2028 Term Trust by 3.7% during the third quarter. Rockefeller Capital Management L.P. now owns 556,482 shares of the investment management company’s stock valued at $10,506,000 after purchasing an additional 19,700 shares during the last quarter. Aviance Capital Partners LLC boosted its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 6.4% in the 3rd quarter. Aviance Capital Partners LLC now owns 14,685 shares of the investment management company’s stock valued at $277,000 after buying an additional 889 shares during the period. Van ECK Associates Corp grew its position in shares of Eaton Vance Municipal Income 2028 Term Trust by 1.5% during the 3rd quarter. Van ECK Associates Corp now owns 46,630 shares of the investment management company’s stock valued at $867,000 after buying an additional 700 shares during the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust during the 2nd quarter valued at about $1,204,000.

Eaton Vance Municipal Income 2028 Term Trust Price Performance

Shares of NYSE ETX opened at $17.64 on Wednesday. The firm’s 50-day moving average price is $18.40 and its two-hundred day moving average price is $18.62. Eaton Vance Municipal Income 2028 Term Trust has a 52-week low of $17.33 and a 52-week high of $19.44.

Eaton Vance Municipal Income 2028 Term Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be given a dividend of $0.0782 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.94 annualized dividend and a dividend yield of 5.32%.

Eaton Vance Municipal Income 2028 Term Trust Profile

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.