Aviance Capital Partners LLC Has $207,000 Stock Position in Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX)

Aviance Capital Partners LLC lessened its holdings in shares of Eaton Vance Municipal Income 2028 Term Trust (NYSE:ETX) by 9.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,931 shares of the investment management company’s stock after selling 1,192 shares during the period. Aviance Capital Partners LLC’s holdings in Eaton Vance Municipal Income 2028 Term Trust were worth $207,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. Van ECK Associates Corp raised its stake in Eaton Vance Municipal Income 2028 Term Trust by 13.8% during the 4th quarter. Van ECK Associates Corp now owns 76,456 shares of the investment management company’s stock worth $1,326,000 after buying an additional 9,281 shares during the period. Avior Wealth Management LLC purchased a new stake in Eaton Vance Municipal Income 2028 Term Trust during the fourth quarter valued at about $143,000. Walter & Keenan Wealth Management LLC IN ADV boosted its holdings in Eaton Vance Municipal Income 2028 Term Trust by 2.3% in the 4th quarter. Walter & Keenan Wealth Management LLC IN ADV now owns 105,688 shares of the investment management company’s stock worth $1,833,000 after buying an additional 2,361 shares during the period. Raymond James & Associates raised its stake in shares of Eaton Vance Municipal Income 2028 Term Trust by 22.1% during the 4th quarter. Raymond James & Associates now owns 39,827 shares of the investment management company’s stock valued at $691,000 after purchasing an additional 7,221 shares during the period. Finally, JGP Wealth Management LLC bought a new position in shares of Eaton Vance Municipal Income 2028 Term Trust in the fourth quarter valued at approximately $220,000.

Eaton Vance Municipal Income 2028 Term Trust Stock Performance

Shares of ETX traded down $0.12 during trading hours on Tuesday, reaching $18.26. 77,735 shares of the company’s stock traded hands, compared to its average volume of 31,903. Eaton Vance Municipal Income 2028 Term Trust has a 12 month low of $16.36 and a 12 month high of $18.49. The firm’s 50 day simple moving average is $18.05 and its 200-day simple moving average is $17.70.

Eaton Vance Municipal Income 2028 Term Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 24th will be paid a $0.0782 dividend. This represents a $0.94 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date is Thursday, May 23rd. This is a positive change from Eaton Vance Municipal Income 2028 Term Trust’s previous monthly dividend of $0.08.

Eaton Vance Municipal Income 2028 Term Trust 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.