Peapack Gladstone Financial Corp Lowers Stock Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Peapack Gladstone Financial Corp trimmed its position in Eaton Vance Municipal Income Trust (NYSE:EVN) by 7.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 12,965 shares of the investment management company’s stock after selling 1,069 shares during the period. Peapack Gladstone Financial Corp’s holdings in Eaton Vance Municipal Income Trust were worth $142,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Sanctuary Advisors LLC increased its position in shares of Eaton Vance Municipal Income Trust by 52.6% during the third quarter. Sanctuary Advisors LLC now owns 46,393 shares of the investment management company’s stock valued at $482,000 after acquiring an additional 16,000 shares during the last quarter. Stifel Financial Corp grew its stake in 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 valued at $668,000 after purchasing an additional 15,101 shares during the period. HighTower Advisors LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 3rd quarter valued at $231,000. Horizon Kinetics Asset Management LLC bought a new stake in shares of Eaton Vance Municipal Income Trust during the 3rd quarter worth $110,000. Finally, Moloney Securities Asset Management LLC boosted its holdings in shares of Eaton Vance Municipal Income Trust by 16.7% in the 3rd quarter. Moloney Securities Asset Management LLC now owns 128,633 shares of the investment management company’s stock worth $1,411,000 after buying an additional 18,380 shares during the last quarter.

Eaton Vance Municipal Income Trust Stock Performance

NYSE EVN opened at $10.30 on Tuesday. Eaton Vance Municipal Income Trust has a 52-week low of $9.68 and a 52-week high of $11.31. The company has a 50-day simple moving average of $10.61 and a 200 day simple moving average of $10.61.

Eaton Vance Municipal Income Trust Announces Dividend

The business also recently declared a dividend, which will be paid on Thursday, December 19th. Stockholders of record on Thursday, December 12th will be paid a dividend of $0.0513 per share. The ex-dividend date is Thursday, December 12th.

Eaton Vance Municipal Income Trust 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.