Shares of Eaton Vance Floating Rate ETF (NYSEARCA:EVLN – Get Free Report) saw an uptick in trading volume on Thursday. 216,435 shares changed hands during mid-day trading, an increase of 161% from the previous session’s volume of 82,832 shares. The stock last traded at $48.4050 and had previously closed at $48.44.
Eaton Vance Floating Rate ETF Trading Down 0.0%
The company’s 50-day moving average is $48.76 and its 200-day moving average is $48.71.
Hedge Funds Weigh In On Eaton Vance Floating Rate ETF
Several hedge funds and other institutional investors have recently modified their holdings of EVLN. Sanctuary Advisors LLC bought a new stake in shares of Eaton Vance Floating Rate ETF during the 2nd quarter worth $113,000. Oxbow Advisors LLC bought a new position in shares of Eaton Vance Floating Rate ETF in the second quarter worth about $122,000. Fund Advisors of America Inc FL acquired a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter valued at approximately $162,000. HBK Sorce Advisory LLC acquired a new stake in shares of Eaton Vance Floating Rate ETF in the 2nd quarter valued at approximately $206,000. Finally, Altman Advisors Inc. bought a new stake in shares of Eaton Vance Floating Rate ETF during the 2nd quarter valued at approximately $442,000.
Eaton Vance Floating Rate ETF Company Profile
The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.
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