Eaton Vance Municipal Income Trust (NYSE:EVN) Insider Cynthia Frost Sells 15,000 Shares

Eaton Vance Municipal Income Trust (NYSE:EVN) insider Cynthia Frost sold 15,000 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $10.65, for a total value of $159,750.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Eaton Vance Municipal Income Trust Trading Up 0.2 %

Shares of NYSE EVN traded up $0.03 during trading on Wednesday, reaching $10.70. The company had a trading volume of 37,708 shares, compared to its average volume of 100,595. The company’s fifty day moving average price is $10.36 and its 200-day moving average price is $10.58. 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 Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, March 21st. Stockholders of record on Thursday, March 13th will be paid a $0.0513 dividend. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date of this dividend is Thursday, March 13th.

Hedge Funds Weigh In On Eaton Vance Municipal Income Trust

Hedge funds have recently bought and sold shares of the company. Horizon Kinetics Asset Management LLC acquired a new stake in Eaton Vance Municipal Income Trust during the 3rd quarter worth about $110,000. Walleye Capital LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at about $114,000. Ackerman Capital Advisors LLC acquired a new stake in Eaton Vance Municipal Income Trust during the fourth quarter worth approximately $142,000. Landscape Capital Management L.L.C. bought a new stake in Eaton Vance Municipal Income Trust in the fourth quarter worth approximately $150,000. Finally, one8zero8 LLC acquired a new position in Eaton Vance Municipal Income Trust in the fourth quarter valued at approximately $182,000.

Eaton Vance Municipal Income Trust Company Profile

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.