Sawtooth Solutions LLC purchased a new stake in Eaton Vance Municipal Income Trust (NYSE:EVN) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 10,252 shares of the investment management company’s stock, valued at approximately $125,000.

Other large investors have also recently made changes to their positions in the company. 1607 Capital Partners LLC boosted its holdings in Eaton Vance Municipal Income Trust by 191.7% during the fourth quarter. 1607 Capital Partners LLC now owns 748,678 shares of the investment management company’s stock worth $8,468,000 after buying an additional 491,978 shares in the last quarter. Robinson Capital Management LLC lifted its position in Eaton Vance Municipal Income Trust by 92.4% in the 1st quarter. Robinson Capital Management LLC now owns 1,012,210 shares of the investment management company’s stock worth $12,349,000 after buying an additional 486,190 shares in the last quarter. Karpus Management Inc. bought a new position in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at $3,734,000. Parametric Portfolio Associates LLC bought a new position in shares of Eaton Vance Municipal Income Trust during the 1st quarter valued at $2,245,000. Finally, Raymond James & Associates raised its holdings in shares of Eaton Vance Municipal Income Trust by 1,012.6% during the 1st quarter. Raymond James & Associates now owns 201,996 shares of the investment management company’s stock valued at $2,464,000 after purchasing an additional 183,841 shares in the last quarter. Institutional investors own 16.39% of the company’s stock.

Eaton Vance Municipal Income Trust stock opened at $12.34 on Friday. Eaton Vance Municipal Income Trust has a 1-year low of $10.74 and a 1-year high of $12.44.

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 13th will be issued a dividend of $0.0474 per share. The ex-dividend date is Wednesday, June 12th. This represents a $0.57 dividend on an annualized basis and a dividend yield of 4.61%.

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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.

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Institutional Ownership by Quarter for Eaton Vance Municipal Income Trust (NYSE:EVN)

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