Eaton Vance Short Duration Income ETF (NASDAQ:EVSD – Get Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $50.20 and traded as high as $50.30. Eaton Vance Short Duration Income ETF shares last traded at $50.30, with a volume of 472,951 shares traded.
Eaton Vance Short Duration Income ETF Trading Up 0.2%
The stock has a 50-day moving average price of $50.20 and a two-hundred day moving average price of $50.87.
Eaton Vance Short Duration Income ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Friday, October 30th were issued a $0.2299 dividend. The ex-dividend date was Friday, October 30th. This is a positive change from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.2073. This represents a $2.76 annualized dividend and a dividend yield of 5.5%.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Nemes Rush Group LLC purchased a new stake in Eaton Vance Short Duration Income ETF in the 3rd quarter valued at about $11,493,000. Vestor Capital LLC bought a new position in Eaton Vance Short Duration Income ETF in the 3rd quarter worth about $75,000. Studio Investment Management LLC bought a new position in Eaton Vance Short Duration Income ETF in the 3rd quarter worth about $517,000. Prism Advisors Inc. bought a new position in Eaton Vance Short Duration Income ETF in the 3rd quarter worth about $16,667,000. Finally, Farther Finance Advisors LLC bought a new position in Eaton Vance Short Duration Income ETF in the 3rd quarter worth about $110,000.
Eaton Vance Short Duration Income ETF Company Profile
The Eaton Vance Short Duration Income ETF (EVSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of diversified USD-denominated fixed income securities with few restrictions on type and credit quality. The ETF aims to have an average duration of three years or less, while seeking above average returns over a market cycle of three to five years EVSD was launched on Mar 31, 1992 and is issued by Eaton Vance.
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