Eaton Vance Municipal Income Trust (NYSE:EVN) Insider Sells $159,750.00 in Stock

Eaton Vance Municipal Income Trust (NYSE:EVN) insider Cynthia Frost sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total transaction of $159,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Eaton Vance Municipal Income Trust Trading Down 0.3 %

Shares of NYSE EVN opened at $10.68 on Friday. The company has a 50 day simple moving average of $10.39 and a 200 day simple moving average of $10.58. Eaton Vance Municipal Income Trust has a 1 year low of $9.79 and a 1 year high of $11.31.

Eaton Vance Municipal Income Trust Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EVN. Van ECK Associates Corp lifted its position in shares of Eaton Vance Municipal Income Trust by 30.6% in the 4th quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company’s stock worth $3,002,000 after purchasing an additional 69,652 shares during the period. Raymond James & Associates lifted its position in shares of Eaton Vance Municipal Income Trust by 0.4% in the 3rd quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock worth $3,016,000 after purchasing an additional 1,210 shares during the period. Stifel Financial Corp lifted its position in shares of Eaton Vance Municipal Income Trust by 33.0% in the 3rd quarter. Stifel Financial Corp now owns 60,867 shares of the investment management company’s stock worth $668,000 after purchasing an additional 15,101 shares during the period. HighTower Advisors LLC acquired a new position in shares of Eaton Vance Municipal Income Trust in the 3rd quarter worth approximately $231,000. Finally, InTrack Investment Management Inc lifted its position in shares of Eaton Vance Municipal Income Trust by 93.1% in the 4th quarter. InTrack Investment Management Inc now owns 125,661 shares of the investment management company’s stock worth $1,259,000 after purchasing an additional 60,577 shares during the period.

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.