Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Large Volume Increase – Here’s What Happened

Shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSDGet Free Report) saw unusually-strong trading volume on Thursday . Approximately 301,446 shares traded hands during trading, an increase of 146% from the previous session’s volume of 122,377 shares.The stock last traded at $51.49 and had previously closed at $51.51.

Eaton Vance Short Duration Income ETF Stock Down 0.0%

The business’s 50 day moving average is $51.47 and its 200 day moving average is $51.41.

Eaton Vance Short Duration Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 30th. Investors of record on Tuesday, December 23rd were given a dividend of $0.2329 per share. The ex-dividend date of this dividend was Tuesday, December 23rd. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.20. This represents a c) dividend on an annualized basis and a yield of 5.4%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Flow Traders U.S. LLC purchased a new stake in Eaton Vance Short Duration Income ETF during the second quarter valued at approximately $1,189,000. Nemes Rush Group LLC acquired a new position in shares of Eaton Vance Short Duration Income ETF during the third quarter worth $9,732,000. Finally, Ameriprise Financial Inc. purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter valued at $15,875,000.

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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