Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Share Price Passes Above 50 Day Moving Average of $0.00

Shares of Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.00 and traded as high as $9.16. Eaton Vance California Municipal Bond Fund shares last traded at $9.16, with a volume of 41,936 shares trading hands.

Eaton Vance California Municipal Bond Fund Trading Up 1.7 %

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EVM. Rivernorth Capital Management LLC boosted its stake in shares of Eaton Vance California Municipal Bond Fund by 18.4% in the second quarter. Rivernorth Capital Management LLC now owns 58,681 shares of the investment management company’s stock worth $522,000 after acquiring an additional 9,113 shares during the period. Stifel Financial Corp lifted its holdings in Eaton Vance California Municipal Bond Fund by 30.8% in the 2nd quarter. Stifel Financial Corp now owns 125,501 shares of the investment management company’s stock worth $1,117,000 after purchasing an additional 29,525 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Eaton Vance California Municipal Bond Fund by 10.8% in the 2nd quarter. Baird Financial Group Inc. now owns 37,664 shares of the investment management company’s stock worth $335,000 after purchasing an additional 3,656 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Eaton Vance California Municipal Bond Fund by 21.9% in the first quarter. Ameriprise Financial Inc. now owns 55,247 shares of the investment management company’s stock worth $498,000 after buying an additional 9,910 shares in the last quarter. Finally, Susquehanna International Group LLP purchased a new position in Eaton Vance California Municipal Bond Fund during the first quarter valued at $146,000.

About Eaton Vance California Municipal Bond Fund

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.