Capital Investment Advisors LLC Has $3.20 Million Stock Holdings in DWS Municipal Income Trust (NYSE:KTF)

Capital Investment Advisors LLC decreased its stake in DWS Municipal Income Trust (NYSE:KTF) by 1.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 339,048 shares of the investment management company’s stock after selling 5,030 shares during the period. Capital Investment Advisors LLC’s holdings in DWS Municipal Income Trust were worth $3,204,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC increased its stake in shares of DWS Municipal Income Trust by 18.5% in the third quarter. HighTower Advisors LLC now owns 13,651 shares of the investment management company’s stock valued at $135,000 after buying an additional 2,135 shares during the period. US Bancorp DE acquired a new stake in shares of DWS Municipal Income Trust in the third quarter valued at about $80,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of DWS Municipal Income Trust in the third quarter valued at about $1,595,000. Hennion & Walsh Asset Management Inc. increased its stake in shares of DWS Municipal Income Trust by 28.0% in the third quarter. Hennion & Walsh Asset Management Inc. now owns 484,836 shares of the investment management company’s stock valued at $4,834,000 after buying an additional 106,180 shares during the period. Finally, Logan Stone Capital LLC increased its stake in shares of DWS Municipal Income Trust by 17.7% in the second quarter. Logan Stone Capital LLC now owns 653,273 shares of the investment management company’s stock valued at $6,186,000 after buying an additional 98,334 shares during the period. Institutional investors and hedge funds own 57.71% of the company’s stock.

DWS Municipal Income Trust Stock Performance

Shares of DWS Municipal Income Trust stock opened at $9.38 on Tuesday. DWS Municipal Income Trust has a one year low of $8.72 and a one year high of $10.22. The stock’s 50-day moving average is $9.79 and its 200 day moving average is $9.79.

DWS Municipal Income Trust Increases Dividend

The firm also recently announced a — dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, January 21st will be given a dividend of $0.061 per share. This is a positive change from DWS Municipal Income Trust’s previous — dividend of $0.02. The ex-dividend date is Tuesday, January 21st. This represents a dividend yield of 7.7%.

About DWS Municipal Income Trust

Deutsche Municipal Income Trust is a closed-ended fixed income mutual fund launched and managed by Deutsche Investment Management Americas, Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade tax-exempt municipal securities which are exempt from federal income tax.