one8zero8 LLC Invests $182,000 in Eaton Vance Municipal Income Trust (NYSE:EVN)

one8zero8 LLC acquired a new position in Eaton Vance Municipal Income Trust (NYSE:EVN) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 18,000 shares of the investment management company’s stock, valued at approximately $182,000.

A number of other hedge funds have also recently made changes to their positions in the business. Raymond James Financial Inc. bought a new position in shares of Eaton Vance Municipal Income Trust in the fourth quarter worth about $6,817,000. Van ECK Associates Corp boosted its stake in shares of Eaton Vance Municipal Income Trust by 30.6% in the fourth quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company’s stock worth $3,002,000 after acquiring an additional 69,652 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of Eaton Vance Municipal Income Trust by 0.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 235,550 shares of the investment management company’s stock worth $2,381,000 after acquiring an additional 1,345 shares during the period. Rothschild Investment LLC boosted its stake in shares of Eaton Vance Municipal Income Trust by 5.1% in the fourth quarter. Rothschild Investment LLC now owns 205,100 shares of the investment management company’s stock worth $2,074,000 after acquiring an additional 10,000 shares during the period. Finally, Moloney Securities Asset Management LLC boosted its stake in Eaton Vance Municipal Income Trust by 8.8% during the fourth quarter. Moloney Securities Asset Management LLC now owns 139,942 shares of the investment management company’s stock valued at $1,415,000 after buying an additional 11,309 shares during the last quarter.

Insider Activity at Eaton Vance Municipal Income Trust

In related news, insider Cynthia Frost sold 15,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total transaction of $159,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.00% of the stock is owned by corporate insiders.

Eaton Vance Municipal Income Trust Price Performance

Shares of Eaton Vance Municipal Income Trust stock opened at $10.35 on Tuesday. The stock has a 50 day moving average of $10.45 and a 200 day moving average of $10.57. Eaton Vance Municipal Income Trust has a 12 month low of $9.79 and a 12 month high of $11.31.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 13th will be paid a dividend of $0.0513 per share. This represents a $0.62 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Thursday, March 13th.

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.