Nomura Holdings Inc. Takes Position in Eaton Vance Municipal Income Trust (NYSE:EVN)

Nomura Holdings Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust (NYSE:EVN) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 26,000 shares of the investment management company’s stock, valued at approximately $263,000. Nomura Holdings Inc. owned about 0.07% of Eaton Vance Municipal Income Trust as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in EVN. Raymond James Financial Inc. purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at about $6,817,000. Leigh Baldwin & CO. LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at about $2,681,000. Whipplewood Advisors LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust during the 4th quarter valued at about $898,000. Van ECK Associates Corp increased its position in shares of Eaton Vance Municipal Income Trust by 30.6% during the 4th quarter. Van ECK Associates Corp now owns 296,961 shares of the investment management company’s stock valued at $3,002,000 after purchasing an additional 69,652 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Eaton Vance Municipal Income Trust by 76.9% during the 4th quarter. Cetera Investment Advisers now owns 148,930 shares of the investment management company’s stock valued at $1,506,000 after purchasing an additional 64,733 shares during the last quarter.

Insider Activity

In related news, insider Cynthia Frost sold 15,000 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $10.65, for a total value of $159,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.00% of the company’s stock.

Eaton Vance Municipal Income Trust Stock Up 0.3%

NYSE EVN opened at $10.16 on Friday. Eaton Vance Municipal Income Trust has a 52 week low of $9.59 and a 52 week high of $11.31. The company has a 50-day moving average price of $10.18 and a 200-day moving average price of $10.34.

Eaton Vance Municipal Income Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Tuesday, May 13th will be given a dividend of $0.0513 per share. This represents a $0.62 annualized dividend and a dividend yield of 6.06%. The ex-dividend date of this dividend is Tuesday, May 13th.

Eaton Vance Municipal Income Trust Company 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.