Eaton Vance Municipal Income Trust (NYSE:EVN) Insider Cynthia Frost Sells 15,000 Shares of Stock

Posted by Jeff Wilder on Mar 6th, 2025

Eaton Vance Municipal Income Trust (NYSE:EVN – Get Free Report) insider Cynthia Frost sold 15,000 shares of the company’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 document filed with the SEC, which is accessible through the SEC website.

Eaton Vance Municipal Income Trust Trading Up 0.4 %

NYSE:EVN opened at $10.71 on Thursday. Eaton Vance Municipal Income Trust has a 1-year low of $9.79 and a 1-year high of $11.31. The company’s fifty day moving average price is $10.36 and its 200-day moving average price is $10.58.

Eaton Vance Municipal Income Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, March 21st. Investors of record on Thursday, March 13th will be issued a dividend of $0.0513 per share. This represents a $0.62 dividend on an annualized basis and a yield of 5.75%. The ex-dividend date is Thursday, March 13th.

Institutional Trading of Eaton Vance Municipal Income Trust

A number of hedge funds have recently added to or reduced their stakes in the company. Horizon Kinetics Asset Management LLC purchased a new position in Eaton Vance Municipal Income Trust during the third quarter valued at $110,000. Walleye Capital LLC purchased a new position in Eaton Vance Municipal Income Trust during the fourth quarter valued at $114,000. Ackerman Capital Advisors LLC purchased a new position in Eaton Vance Municipal Income Trust during the fourth quarter valued at $142,000. Landscape Capital Management L.L.C. purchased a new position in shares of Eaton Vance Municipal Income Trust in the fourth quarter worth about $150,000. Finally, one8zero8 LLC purchased a new position in shares of Eaton Vance Municipal Income Trust in the fourth quarter worth about $182,000.

About Eaton Vance Municipal Income Trust

(Get Free Report)

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.