Wolverine Asset Management LLC Buys Shares of 48,950 Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Wolverine Asset Management LLC bought a new stake in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 48,950 shares of the investment management company’s stock, valued at approximately $862,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Stifel Financial Corp boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 8.4% in the 3rd quarter. Stifel Financial Corp now owns 42,650 shares of the investment management company’s stock valued at $805,000 after purchasing an additional 3,300 shares during the last quarter. Merit Financial Group LLC acquired a new position in Eaton Vance Municipal Income 2028 Term Trust in the 4th quarter valued at about $231,000. Van ECK Associates Corp boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 18.7% in the 4th quarter. Van ECK Associates Corp now owns 55,370 shares of the investment management company’s stock valued at $975,000 after purchasing an additional 8,740 shares during the last quarter. Anchor Investment Management LLC boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 85.7% in the 3rd quarter. Anchor Investment Management LLC now owns 6,500 shares of the investment management company’s stock valued at $123,000 after purchasing an additional 3,000 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 18.4% in the 3rd quarter. Sanctuary Advisors LLC now owns 78,933 shares of the investment management company’s stock valued at $1,431,000 after purchasing an additional 12,250 shares during the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Price Performance

Eaton Vance Municipal Income 2028 Term Trust stock opened at $18.30 on Friday. The company’s 50 day simple moving average is $17.99 and its 200-day simple moving average is $18.41. Eaton Vance Municipal Income 2028 Term Trust has a 1 year low of $17.48 and a 1 year high of $19.44.

Eaton Vance Municipal Income 2028 Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.0782 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.13%. The ex-dividend date of this dividend is Friday, February 14th.

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.