Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Stock Price Down 0.1% – Here’s Why

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report) shares dropped 0.1% on Tuesday . The company traded as low as $50.39 and last traded at $50.47. 9,450 shares were traded during mid-day trading, an increase of 84% from the average session volume of 5,133 shares. The stock had previously closed at $50.54.

Eaton Vance High Income Municipal ETF Trading Down 0.6%

The company’s 50-day simple moving average is $50.62 and its 200-day simple moving average is $50.40.

Eaton Vance High Income Municipal ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.214 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. This is an increase from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.20. The ex-dividend date was Tuesday, June 30th.

Institutional Trading of Eaton Vance High Income Municipal ETF

A hedge fund recently bought a new stake in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc acquired a new stake in Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned approximately 0.10% of Eaton Vance High Income Municipal ETF at the end of the most recent reporting period.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.

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