Stifel Financial Corp Raises Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Stifel Financial Corp increased its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 33.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 60,867 shares of the investment management company’s stock after purchasing an additional 15,101 shares during the period. Stifel Financial Corp’s holdings in Eaton Vance Municipal Income Trust were worth $668,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Raymond James & Associates raised its stake in Eaton Vance Municipal Income Trust by 0.4% in the third quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock valued at $3,016,000 after buying an additional 1,210 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Eaton Vance Municipal Income Trust by 1.7% during the third quarter. Janney Montgomery Scott LLC now owns 234,205 shares of the investment management company’s stock valued at $2,569,000 after acquiring an additional 4,016 shares in the last quarter. Pathway Financial Advisers LLC raised its position in shares of Eaton Vance Municipal Income Trust by 997.0% in the 3rd quarter. Pathway Financial Advisers LLC now owns 7,295 shares of the investment management company’s stock valued at $80,000 after purchasing an additional 6,630 shares during the last quarter. Moloney Securities Asset Management LLC boosted its stake in Eaton Vance Municipal Income Trust by 7.9% in the 2nd quarter. Moloney Securities Asset Management LLC now owns 110,253 shares of the investment management company’s stock worth $1,141,000 after purchasing an additional 8,091 shares in the last quarter. Finally, Horizon Kinetics Asset Management LLC purchased a new stake in Eaton Vance Municipal Income Trust during the 3rd quarter worth approximately $110,000.

Eaton Vance Municipal Income Trust Stock Performance

Shares of Eaton Vance Municipal Income Trust stock opened at $10.04 on Thursday. The firm’s 50 day simple moving average is $10.49 and its two-hundred day simple moving average is $10.61. Eaton Vance Municipal Income Trust has a 12-month low of $9.68 and a 12-month high of $11.31.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently announced a dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 12th were given a $0.0513 dividend. The ex-dividend date was Thursday, December 12th.

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.