Eaton Vance Municipal Income 2028 Term Trust
ETX
32 hedge funds and large institutions have $34.9M invested in Eaton Vance Municipal Income 2028 Term Trust in 2018 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 3 closing their positions.
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
0.16% less ownership
Funds ownership: 17.24% → 17.07% (-0.16%)
6% less capital invested
Capital invested by funds: $36.9M → $34.9M (-$2.03M)
6% less funds holding
Funds holding: 34 → 32 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$677K |
| 2 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$349K |
| 3 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$154K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$153K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$763K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$430K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$194K |
| 4 |
LPL Financial
San Diego,
California
|
-$149K |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
-$87.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VFA
26
Valeo Financial Advisors
Carmel,
Indiana
| $36K | – | – | – |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| $30K | – | – | – |
|
|
AWM
28
Aevitas Wealth Management
Wellesley Hills,
Massachusetts
| $29K | +$316 | +16 | +1% |
|
|
AIM
29
Anchor Investment Management
Columbia,
South Carolina
| $23.4K | – | – | – |
|
|
QCIG
30
Quad-Cities Investment Group
Davenport,
Iowa
| $19K | +$197 | +10 | +1% |
|
|
WKWM
31
Walter & Keenan Wealth Management
Souh Bend,
Indiana
| $1.19K | -$49.4K | -2,500 | -4% |
|
32
JP Morgan Chase
New York
| – | -$25K | -1,250 | Closed |
|
|
WT
33
Washington Trust
Westerly,
Rhode Island
| – | -$20K | -1,000 | Closed |
|
|
CFG
34
Citizens Financial Group
Providence,
Rhode Island
| – | -$5K | -264 | Closed |
|
ETX Hedge Fund Activity: Q3 2018 in Review
32 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Municipal Income 2028 Term Trust (ETX) for Q3 2018, worth a combined $34.9M — down 5.5% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ETX and 1 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 11 added.
The largest buyer was Morgan Stanley, adding an estimated $677K. The largest seller was Advisors Asset Management, cutting an estimated $763K.
- 32 institutional investors held Eaton Vance Municipal Income 2028 Term Trust (ETX) as of Q3 2018, down from 34 in Q2 2018.
- Funds reported $34.9M of Eaton Vance Municipal Income 2028 Term Trust stock for Q3 2018, down 5.5% quarter-over-quarter.
- 1 fund opened new Eaton Vance Municipal Income 2028 Term Trust positions in Q3 2018 and 3 closed out, a net change of -2 holders.
- The largest Eaton Vance Municipal Income 2028 Term Trust buyer in Q3 2018 was Morgan Stanley, an estimated $677K added.
- The largest Eaton Vance Municipal Income 2028 Term Trust seller in Q3 2018 was Advisors Asset Management, an estimated $763K sold.
Based on aggregated 13F filings for Q3 2018.