Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sets New 1-Year High – What’s Next?

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD)’s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $51.71 and last traded at $51.67, with a volume of 98009 shares traded. The stock had previously closed at $51.64.

Eaton Vance Short Duration Income ETF Trading Up 0.1%

The business’s fifty day simple moving average is $51.50 and its 200 day simple moving average is $51.14.

Eaton Vance Short Duration Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, October 6th. Shareholders of record on Tuesday, September 30th were issued a dividend of $0.1823 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 4.2%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance Short Duration Income ETF stock. Flow Traders U.S. LLC bought a new stake in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 23,253 shares of the company’s stock, valued at approximately $1,189,000. Flow Traders U.S. LLC owned about 0.24% of Eaton Vance Short Duration Income ETF at the end of the most recent quarter.

Eaton Vance Short Duration Income ETF Company Profile

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.