XML Financial LLC Makes New $217,000 Investment in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

XML Financial LLC acquired a new stake in shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 12,312 shares of the investment management company’s stock, valued at approximately $217,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Merit Financial Group LLC bought a new position in Eaton Vance Municipal Income 2028 Term Trust during the 4th quarter valued at about $231,000. Sanctuary Advisors LLC grew its stake in shares of Eaton Vance Municipal Income 2028 Term Trust by 18.4% during the third quarter. Sanctuary Advisors LLC now owns 78,933 shares of the investment management company’s stock valued at $1,431,000 after buying an additional 12,250 shares during the last quarter. Anchor Investment Management LLC raised its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 85.7% in the third quarter. Anchor Investment Management LLC now owns 6,500 shares of the investment management company’s stock worth $123,000 after buying an additional 3,000 shares during the period. Stifel Financial Corp raised its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust by 8.4% in the third quarter. Stifel Financial Corp now owns 42,650 shares of the investment management company’s stock worth $805,000 after buying an additional 3,300 shares during the period. Finally, Rockefeller Capital Management L.P. lifted its stake in shares of Eaton Vance Municipal Income 2028 Term Trust by 3.7% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 556,482 shares of the investment management company’s stock worth $10,506,000 after acquiring an additional 19,700 shares during the last quarter.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

ETX opened at $18.10 on Friday. The business has a fifty day moving average of $18.04 and a 200 day moving average of $18.48. Eaton Vance Municipal Income 2028 Term Trust has a 52-week low of $17.48 and a 52-week high of $19.44.

Eaton Vance Municipal Income 2028 Term Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.0782 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.18%. The ex-dividend date is Wednesday, January 15th.

Eaton Vance Municipal Income 2028 Term Trust Company Profile

Eaton Vance Municipal Income 2028 Term Trust is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invest in stocks of companies operating across the diversified sectors. It was previously known as Eaton Vance Municipal Income Term Trust.