Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Declares Monthly Dividend of $0.18

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) declared a monthly dividend on Thursday, February 26th. Investors of record on Friday, February 27th will be given a dividend of 0.1791 per share on Thursday, March 5th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date is Friday, February 27th.

Eaton Vance Short Duration Income ETF Stock Down 0.2%

EVSD stock traded down $0.13 during midday trading on Friday, reaching $51.55. 4,536 shares of the company’s stock traded hands, compared to its average volume of 175,024. Eaton Vance Short Duration Income ETF has a 52-week low of $50.35 and a 52-week high of $51.72. The stock’s 50-day moving average is $51.53 and its 200 day moving average is $51.51.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Studio Investment Management LLC purchased a new stake in Eaton Vance Short Duration Income ETF in the fourth quarter worth about $208,000. Flow Traders U.S. LLC purchased a new position in shares of Eaton Vance Short Duration Income ETF during the 2nd quarter valued at about $1,189,000. Eldridge Investment Advisors Inc. grew its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock valued at $2,875,000 after acquiring an additional 33,145 shares during the period. Nemes Rush Group LLC purchased a new stake in Eaton Vance Short Duration Income ETF in the 3rd quarter worth approximately $9,732,000. Finally, Janney Montgomery Scott LLC raised its stake in Eaton Vance Short Duration Income ETF by 893.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after acquiring an additional 175,631 shares during the period.

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.