Eaton Vance Short Duration Income ETF (NASDAQ:EVSD – Get Free Report)’s share 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 trading hands.
Eaton Vance Short Duration Income ETF Stock Down 0.1%
The stock’s 50 day simple moving average is $50.18 and its 200 day simple moving average is $50.86.
Eaton Vance Short Duration Income ETF Increases Dividend
The business also recently disclosed a monthly dividend, which was paid on Thursday, November 5th. Stockholders of record on Friday, October 30th were given a dividend of $0.2299 per share. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.2073. The ex-dividend date was Friday, October 30th. This represents a $2.76 annualized dividend and a dividend yield of 5.5%.
Institutional Trading of Eaton Vance Short Duration Income ETF
A number of hedge funds have recently made changes to their positions in EVSD. Prism Advisors Inc. bought a new position in Eaton Vance Short Duration Income ETF in the third quarter valued at $16,667,000. Nemes Rush Group LLC purchased a new stake in Eaton Vance Short Duration Income ETF during the third quarter valued at about $11,493,000. Equitable Holdings Inc. purchased a new stake in Eaton Vance Short Duration Income ETF during the second quarter valued at about $691,000. Bank of America Corp DE bought a new stake in Eaton Vance Short Duration Income ETF during the second quarter worth about $297,000. Finally, Studio Investment Management LLC bought a new stake in Eaton Vance Short Duration Income ETF during the third quarter worth about $517,000.
About Eaton Vance Short Duration Income ETF
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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