Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Shares Down 0.6%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) shares were down 0.6% during trading on Wednesday . The stock traded as low as $9.43 and last traded at $9.44. Approximately 246,881 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 335,172 shares. The stock had previously closed at $9.50.

Eaton Vance Limited Duration Income Fund Trading Down 0.6 %

Eaton Vance Limited Duration Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, April 11th were given a $0.0797 dividend. The ex-dividend date of this dividend was Wednesday, April 10th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 10.13%.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Penserra Capital Management LLC grew its holdings in Eaton Vance Limited Duration Income Fund by 275.3% in the third quarter. Penserra Capital Management LLC now owns 1,196,625 shares of the company’s stock worth $10,817,000 after purchasing an additional 877,821 shares during the period. Relative Value Partners Group LLC grew its position in Eaton Vance Limited Duration Income Fund by 1,931.2% during the 4th quarter. Relative Value Partners Group LLC now owns 727,172 shares of the company’s stock valued at $6,966,000 after purchasing an additional 691,372 shares during the last quarter. AQR Arbitrage LLC grew its holdings in shares of Eaton Vance Limited Duration Income Fund by 100.3% during the third quarter. AQR Arbitrage LLC now owns 466,571 shares of the company’s stock valued at $4,218,000 after buying an additional 233,613 shares during the last quarter. City of London Investment Management Co. Ltd. bought a new stake in shares of Eaton Vance Limited Duration Income Fund during the third quarter valued at approximately $2,107,000. Finally, LPL Financial LLC raised its holdings in Eaton Vance Limited Duration Income Fund by 12.2% in the 3rd quarter. LPL Financial LLC now owns 781,737 shares of the company’s stock worth $7,067,000 after acquiring an additional 85,001 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.