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 on Wednesday . The company traded as high as $51.71 and last traded at $51.67, with a volume of 98009 shares trading hands. The stock had previously closed at $51.64.

Eaton Vance Short Duration Income ETF Stock Performance

The firm’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 announced 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. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date was Tuesday, September 30th.

Institutional Trading of Eaton Vance Short Duration Income ETF

An institutional investor recently bought a new position in Eaton Vance Short Duration Income ETF stock. Flow Traders U.S. LLC bought a new position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 23,253 shares of the company’s stock, valued at approximately $1,189,000. Flow Traders U.S. LLC owned 0.24% of Eaton Vance Short Duration Income ETF as of its most recent filing with the SEC.

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.