Prism Advisors Inc. Purchases 333,565 Shares of Eaton Vance Short Duration Income ETF $EVSD

Prism Advisors Inc. acquired a new stake in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) in the 3rd quarter, HoldingsChannel.com reports. The fund acquired 333,565 shares of the company’s stock, valued at approximately $16,667,000. Eaton Vance Short Duration Income ETF makes up 4.2% of Prism Advisors Inc.’s portfolio, making the stock its 9th largest holding.

Other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in Eaton Vance Short Duration Income ETF during the second quarter worth about $297,000. First American Bank acquired a new stake in Eaton Vance Short Duration Income ETF in the 1st quarter valued at about $571,000. Equitable Holdings Inc. bought a new position in shares of Eaton Vance Short Duration Income ETF during the 2nd quarter valued at about $691,000. Farther Finance Advisors LLC bought a new position in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter valued at about $110,000. Finally, Studio Investment Management LLC acquired a new position in shares of Eaton Vance Short Duration Income ETF in the 2nd quarter worth approximately $391,000.

Eaton Vance Short Duration Income ETF Trading Down 0.1%

NASDAQ EVSD opened at $49.90 on Friday. The company’s 50 day simple moving average is $50.48 and its 200 day simple moving average is $50.80. Eaton Vance Short Duration Income ETF has a 12 month low of $49.73 and a 12 month high of $51.72.

Eaton Vance Short Duration Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Investors of record on Wednesday, September 30th were issued a dividend of $0.2073 per share. The ex-dividend date was Wednesday, September 30th. This is a positive change from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.1893. This represents a $2.49 dividend on an annualized basis and a yield of 5.0%.

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.