Eaton Vance Short Duration Income ETF (EVSD) to Issue Monthly Dividend of $0.19 on June 4th

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) declared a monthly dividend on Thursday, May 28th, NASDAQ Dividends reports. Shareholders of record on Friday, May 29th will be given a dividend of 0.1944 per share on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date is Friday, May 29th. This is a 2.9% increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.19.

Eaton Vance Short Duration Income ETF Price Performance

NASDAQ:EVSD opened at $50.96 on Friday. The firm has a 50-day moving average of $51.06 and a two-hundred day moving average of $51.33. Eaton Vance Short Duration Income ETF has a 1-year low of $50.73 and a 1-year high of $51.72.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EVSD. Studio Investment Management LLC purchased a new position in Eaton Vance Short Duration Income ETF in the 4th quarter valued at about $208,000. First American Bank purchased a new position in Eaton Vance Short Duration Income ETF in the 1st quarter valued at about $571,000. Eldridge Investment Advisors Inc. lifted its position in shares of 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 worth $2,875,000 after purchasing an additional 33,145 shares during the last quarter. Nemes Rush Group LLC bought a new position in shares of Eaton Vance Short Duration Income ETF during the third quarter worth about $9,732,000. Finally, Janney Montgomery Scott LLC lifted its position in shares of Eaton Vance Short Duration Income ETF by 893.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after purchasing an additional 175,631 shares during the last quarter.

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.