Whipplewood Advisors LLC Lowers Stake in Eaton Vance California Municipal Income Trust $CEV

Whipplewood Advisors LLC lowered its stake in shares of Eaton Vance California Municipal Income Trust (NYSE:CEV) by 80.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,594 shares of the company’s stock after selling 72,400 shares during the period. Whipplewood Advisors LLC owned 0.25% of Eaton Vance California Municipal Income Trust worth $170,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of CEV. Cypress Wealth Services LLC purchased a new stake in Eaton Vance California Municipal Income Trust during the second quarter worth $531,000. Wolverine Asset Management LLC lifted its holdings in Eaton Vance California Municipal Income Trust by 59.8% during the first quarter. Wolverine Asset Management LLC now owns 95,569 shares of the company’s stock worth $958,000 after buying an additional 35,757 shares during the period. Plancorp LLC acquired a new position in shares of Eaton Vance California Municipal Income Trust during the first quarter worth $200,000. Almitas Capital LLC increased its position in shares of Eaton Vance California Municipal Income Trust by 41.1% during the first quarter. Almitas Capital LLC now owns 61,330 shares of the company’s stock worth $615,000 after purchasing an additional 17,865 shares in the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new position in shares of Eaton Vance California Municipal Income Trust during the first quarter worth $126,000. Hedge funds and other institutional investors own 35.88% of the company’s stock.

Eaton Vance California Municipal Income Trust Price Performance

Shares of CEV stock opened at $10.12 on Monday. The business’s fifty day simple moving average is $9.88 and its 200-day simple moving average is $9.71. Eaton Vance California Municipal Income Trust has a 12-month low of $9.31 and a 12-month high of $10.75.

Eaton Vance California Municipal Income Trust Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 14th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Tuesday, October 14th. This represents a c) dividend on an annualized basis and a dividend yield of 5.9%.

Eaton Vance California Municipal Income Trust Profile

Eaton Vance California 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 debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.