Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Strong Trading Volume – What’s Next?

Shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw unusually-strong trading volume on Wednesday . 105,895 shares traded hands during mid-day trading, a decline of 31% from the previous session’s volume of 154,272 shares.The stock last traded at $50.89 and had previously closed at $50.79.

Eaton Vance Short Duration Income ETF Trading Up 0.1%

The business has a 50-day moving average of $50.86 and a 200 day moving average of $51.11.

Eaton Vance Short Duration Income ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, August 6th. Stockholders of record on Friday, July 31st were paid a $0.1976 dividend. The ex-dividend date of this dividend was Friday, July 31st.

Institutional Investors Weigh In On Eaton Vance Short Duration Income ETF

Several large investors have recently modified their holdings of EVSD. Studio Investment Management LLC bought a new position in shares of Eaton Vance Short Duration Income ETF in the 4th quarter worth $208,000. First American Bank purchased a new stake in Eaton Vance Short Duration Income ETF in the first quarter valued at approximately $571,000. Eldridge Investment Advisors Inc. grew its position in Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after purchasing an additional 33,145 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Eaton Vance Short Duration Income ETF by 893.6% in the fourth 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. Finally, Nemes Rush Group LLC boosted its stake in shares of Eaton Vance Short Duration Income ETF by 3.6% during the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after acquiring an additional 6,833 shares in the last quarter.

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.