Anchor Investment Management LLC Buys 3,000 Shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Anchor Investment Management LLC grew its stake in shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 85.7% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,500 shares of the investment management company’s stock after purchasing an additional 3,000 shares during the quarter. Anchor Investment Management LLC’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $123,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Sanctuary Advisors LLC acquired a new stake in Eaton Vance Municipal Income 2028 Term Trust in the second quarter valued at $1,204,000. Van ECK Associates Corp lifted its stake in Eaton Vance Municipal Income 2028 Term Trust by 1.5% in the 3rd quarter. Van ECK Associates Corp now owns 46,630 shares of the investment management company’s stock valued at $867,000 after purchasing an additional 700 shares during the last quarter. Aviance Capital Partners LLC grew its holdings in Eaton Vance Municipal Income 2028 Term Trust by 6.4% during the third quarter. Aviance Capital Partners LLC now owns 14,685 shares of the investment management company’s stock worth $277,000 after purchasing an additional 889 shares during the period. Rockefeller Capital Management L.P. increased its position 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 worth $10,506,000 after buying an additional 19,700 shares during the last quarter. Finally, Stifel Financial Corp raised its stake in Eaton Vance Municipal Income 2028 Term Trust by 8.4% in the third quarter. Stifel Financial Corp now owns 42,650 shares of the investment management company’s stock valued at $805,000 after buying an additional 3,300 shares during the period.

Eaton Vance Municipal Income 2028 Term Trust Stock Down 0.2 %

ETX opened at $18.17 on Friday. Eaton Vance Municipal Income 2028 Term Trust has a 12-month low of $17.33 and a 12-month high of $19.44. The business has a 50 day moving average of $18.49 and a 200-day moving average of $18.64.

Eaton Vance Municipal Income 2028 Term Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders 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 dividend on an annualized basis and a yield of 5.17%.

Eaton Vance Municipal Income 2028 Term Trust Company 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.