Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Declares Dividend Increase – $0.20 Per Share

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) declared a monthly dividend on Wednesday, November 26th. Stockholders of record on Friday, November 28th will be paid a dividend of 0.20 per share on Thursday, December 4th. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, November 28th. This is a 1.0% increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.20.

Eaton Vance Short Duration Income ETF Stock Performance

Shares of Eaton Vance Short Duration Income ETF stock opened at $51.66 on Thursday. Eaton Vance Short Duration Income ETF has a 1 year low of $50.24 and a 1 year high of $51.72. The company’s fifty day simple moving average is $51.53 and its 200-day simple moving average is $51.28.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Hedge funds have recently made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new stake in Eaton Vance Short Duration Income ETF during the second quarter worth about $1,189,000. Nemes Rush Group LLC bought a new stake in shares of Eaton Vance Short Duration Income ETF during the third quarter valued at approximately $9,732,000. Finally, Ameriprise Financial Inc. acquired a new position in shares of Eaton Vance Short Duration Income ETF in the third quarter valued at $15,875,000.

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.