HBK Sorce Advisory LLC Boosts Stock Holdings in Eaton Vance Floating-Rate Income Trust $EFT

HBK Sorce Advisory LLC raised its holdings in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 22.9% during the second quarter, HoldingsChannel reports. The firm owned 35,846 shares of the investment management company’s stock after purchasing an additional 6,688 shares during the period. HBK Sorce Advisory LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $447,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the business. Choreo LLC increased its position in Eaton Vance Floating-Rate Income Trust by 3.8% during the 1st quarter. Choreo LLC now owns 31,142 shares of the investment management company’s stock valued at $391,000 after purchasing an additional 1,142 shares during the period. Readystate Asset Management LP increased its position in Eaton Vance Floating-Rate Income Trust by 14.6% during the 1st quarter. Readystate Asset Management LP now owns 26,245 shares of the investment management company’s stock valued at $329,000 after purchasing an additional 3,351 shares during the period. Ameritas Advisory Services LLC purchased a new position in Eaton Vance Floating-Rate Income Trust during the 2nd quarter valued at about $42,000. Elequin Capital LP increased its position in Eaton Vance Floating-Rate Income Trust by 106.3% during the 1st quarter. Elequin Capital LP now owns 6,675 shares of the investment management company’s stock valued at $84,000 after purchasing an additional 3,439 shares during the period. Finally, Kestra Private Wealth Services LLC bought a new stake in shares of Eaton Vance Floating-Rate Income Trust in the 1st quarter valued at about $142,000.

Eaton Vance Floating-Rate Income Trust Stock Performance

NYSE:EFT opened at $11.47 on Friday. Eaton Vance Floating-Rate Income Trust has a fifty-two week low of $10.44 and a fifty-two week high of $13.61. The company’s 50-day simple moving average is $11.82 and its 200-day simple moving average is $12.08.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 31st. Investors of record on Wednesday, October 15th were paid a $0.086 dividend. The ex-dividend date was Wednesday, October 15th. This represents a c) dividend on an annualized basis and a yield of 9.0%.

About Eaton Vance Floating-Rate Income Trust

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.