Pathway Financial Advisers LLC Grows Stock Holdings in Eaton Vance Municipal Income Trust (NYSE:EVN)

Pathway Financial Advisers LLC grew its holdings in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) by 997.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,295 shares of the investment management company’s stock after purchasing an additional 6,630 shares during the quarter. Pathway Financial Advisers LLC’s holdings in Eaton Vance Municipal Income Trust were worth $80,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Van ECK Associates Corp lifted its position in Eaton Vance Municipal Income Trust by 2.1% during the first quarter. Van ECK Associates Corp now owns 305,456 shares of the investment management company’s stock worth $3,131,000 after buying an additional 6,326 shares during the period. Raymond James & Associates lifted its holdings in shares of Eaton Vance Municipal Income Trust by 0.4% during the 3rd quarter. Raymond James & Associates now owns 274,966 shares of the investment management company’s stock worth $3,016,000 after acquiring an additional 1,210 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Eaton Vance Municipal Income Trust by 0.7% in the first quarter. Janney Montgomery Scott LLC now owns 228,675 shares of the investment management company’s stock worth $2,344,000 after acquiring an additional 1,544 shares during the last quarter. Rothschild Investment LLC purchased a new stake in Eaton Vance Municipal Income Trust in the second quarter valued at approximately $1,274,000. Finally, Moloney Securities Asset Management LLC increased its position in Eaton Vance Municipal Income Trust by 7.9% during the second quarter. Moloney Securities Asset Management LLC now owns 110,253 shares of the investment management company’s stock worth $1,141,000 after purchasing an additional 8,091 shares during the last quarter.

Eaton Vance Municipal Income Trust Stock Up 0.4 %

NYSE:EVN opened at $10.47 on Thursday. Eaton Vance Municipal Income Trust has a fifty-two week low of $8.74 and a fifty-two week high of $11.31. The firm’s 50 day moving average is $10.89 and its two-hundred day moving average is $10.48.

Eaton Vance Municipal Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, October 11th were issued a $0.0513 dividend. The ex-dividend date was Friday, October 11th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.88%.

About Eaton Vance Municipal Income Trust

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.