Eaton Vance Municipal Income 2028 Term Trust
ETX
34 hedge funds and large institutions have $36.9M invested in Eaton Vance Municipal Income 2028 Term Trust in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
3% more funds holding
Funds holding: 33 → 34 (+1)
3% more capital invested
Capital invested by funds: $35.8M → $36.9M (+$1.13M)
0.18% less ownership
Funds ownership: 17.42% → 17.24% (-0.18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.18M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$508K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$291K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$226K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
+$137K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.58M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$916K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$849K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$211K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$154K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
26
Valeo Financial Advisors
Carmel,
Indiana
| $40K | – | – | – |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| $30K | – | – | – |
|
|
AWM
28
Aevitas Wealth Management
Wellesley Hills,
Massachusetts
| $29K | +$290 | +15 | +1% |
|
29
JP Morgan Chase
New York
| $25K | +$4.83K | +250 | +25% |
|
|
AIM
30
Anchor Investment Management
Columbia,
South Carolina
| $23.7K | – | – | – |
|
|
WT
31
Washington Trust
Westerly,
Rhode Island
| $20K | +$19.3K | +1,000 | New |
|
|
QCIG
32
Quad-Cities Investment Group
Davenport,
Iowa
| $19K | +$18.4K | +953 | New |
|
|
CFG
33
Citizens Financial Group
Providence,
Rhode Island
| $5K | +$5.1K | +264 | New |
|
|
34
Ameriprise
Minneapolis,
Minnesota
| – | -$211K | -11,146 | Closed |
|
35
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -394 | Closed |
|
ETX Hedge Fund Activity: Q2 2018 in Review
34 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q2 2018, worth a combined $36.9M — up 3.1% from $35.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ETX positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.18M. The largest seller was Advisors Asset Management, cutting an estimated $1.58M.
- 34 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q2 2018, up from 33 in Q1 2018.
- Funds reported $36.9M of Eaton Vance Municipal Income 2028 Term Trust stock for Q2 2018, up 3.1% quarter-over-quarter.
- 3 funds opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q2 2018 and 2 closed out, a net change of +1 holder.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q2 2018 was Morgan Stanley, an estimated $2.18M added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q2 2018 was Advisors Asset Management, an estimated $1.58M sold.
Based on aggregated 13F filings for Q2 2018.