Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sets New 52-Week Low – Here’s What Happened

Eaton Vance Short Duration Income ETF (NASDAQ:EVSDGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $50.80 and last traded at $50.80, with a volume of 26516 shares. The stock had previously closed at $50.85.

Eaton Vance Short Duration Income ETF Trading Down 0.1%

The stock has a 50-day moving average price of $50.97 and a 200-day moving average price of $51.23.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.1902 per share. The ex-dividend date was Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Hedge funds have recently made changes to their positions in the business. Nemes Rush Group LLC bought a new position in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter valued at $9,732,000. Ameriprise Financial Inc. purchased a new position in shares of Eaton Vance Short Duration Income ETF in the third quarter worth about $15,875,000. Studio Investment Management LLC bought a new stake in shares of Eaton Vance Short Duration Income ETF in the 4th quarter valued at about $208,000. Eldridge Investment Advisors Inc. lifted its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% in 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 last quarter. Finally, Janney Montgomery Scott LLC boosted its holdings 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 valued at $10,046,000 after acquiring an additional 175,631 shares during the period.

Eaton Vance Short Duration Income ETF Company Profile

(Get Free Report)

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.

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