Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Stock Price Up 0% – Here’s Why

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) traded up 0% during mid-day trading on Friday . The company traded as high as $51.66 and last traded at $51.65. 83,570 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 179,773 shares. The stock had previously closed at $51.63.

Eaton Vance Short Duration Income ETF Trading Up 0.0%

The firm’s fifty day simple moving average is $51.52 and its 200 day simple moving average is $51.50.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Friday, January 30th were paid a dividend of $0.1954 per share. The ex-dividend date of this dividend was Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Trading of Eaton Vance Short Duration Income ETF

Large investors have recently added to or reduced their stakes in the company. Studio Investment Management LLC bought a new position in shares of Eaton Vance Short Duration Income ETF during the 4th quarter valued at approximately $208,000. Flow Traders U.S. LLC purchased a new stake in Eaton Vance Short Duration Income ETF during the second quarter valued at $1,189,000. Eldridge Investment Advisors Inc. lifted its position in Eaton Vance Short Duration Income ETF by 145.7% during the fourth quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after purchasing an additional 33,145 shares during the last quarter. Nemes Rush Group LLC purchased a new position in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth $9,732,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of Eaton Vance Short Duration Income ETF by 893.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after buying an additional 175,631 shares during the last quarter.

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.