Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Trading Up 0.2%

Shares of Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) were up 0.2% during mid-day trading on Friday . The company traded as high as $10.25 and last traded at $10.23. Approximately 281,106 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 334,603 shares. The stock had previously closed at $10.21.

Eaton Vance Limited Duration Income Fund Trading Up 0.2 %

Eaton Vance Limited Duration Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 19th. Stockholders of record on Monday, August 12th were issued a dividend of $0.0801 per share. The ex-dividend date was Monday, August 12th. This is a boost from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.08. This represents a $0.96 dividend on an annualized basis and a dividend yield of 9.40%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Melfa Wealth Management Inc. increased its stake in shares of Eaton Vance Limited Duration Income Fund by 1.6% during the second quarter. Melfa Wealth Management Inc. now owns 97,194 shares of the company’s stock worth $947,000 after acquiring an additional 1,548 shares during the period. Riverbridge Partners LLC lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 8.9% during the first quarter. Riverbridge Partners LLC now owns 19,009 shares of the company’s stock valued at $185,000 after buying an additional 1,550 shares during the period. PFG Investments LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 8.4% during the second quarter. PFG Investments LLC now owns 22,345 shares of the company’s stock worth $218,000 after purchasing an additional 1,738 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its holdings in shares of Eaton Vance Limited Duration Income Fund by 2.8% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 120,348 shares of the company’s stock worth $1,172,000 after acquiring an additional 3,297 shares during the period. Finally, Edmonds Duncan Registered Investment Advisors LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 1.5% in the 1st quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 235,647 shares of the company’s stock valued at $2,298,000 after purchasing an additional 3,596 shares during the last quarter.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.