Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) Declares $0.11 Monthly Dividend

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) declared a monthly dividend on Thursday, January 29th. Stockholders of record on Friday, January 30th will be paid a dividend of 0.1126 per share on Thursday, February 5th. This represents a c) annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, January 30th.

Eaton Vance Short Duration Municipal Income ETF Stock Down 0.2%

Shares of EVSM traded down $0.11 during mid-day trading on Friday, reaching $50.58. The company had a trading volume of 12,443 shares, compared to its average volume of 100,897. Eaton Vance Short Duration Municipal Income ETF has a 52-week low of $48.63 and a 52-week high of $50.73. The stock has a 50 day moving average of $50.44 and a two-hundred day moving average of $50.41.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AdvisorNet Financial Inc acquired a new position in shares of Eaton Vance Short Duration Municipal Income ETF in the third quarter worth about $122,000. FSA Advisors Inc. acquired a new stake in Eaton Vance Short Duration Municipal Income ETF in the second quarter valued at approximately $240,000. Diversified Portfolios Inc. acquired a new stake in Eaton Vance Short Duration Municipal Income ETF in the second quarter valued at approximately $258,000. Flow Traders U.S. LLC increased its position in shares of Eaton Vance Short Duration Municipal Income ETF by 41.9% in the second quarter. Flow Traders U.S. LLC now owns 13,199 shares of the company’s stock valued at $660,000 after buying an additional 3,900 shares in the last quarter. Finally, Nemes Rush Group LLC acquired a new position in shares of Eaton Vance Short Duration Municipal Income ETF during the 3rd quarter worth approximately $1,007,000.

About Eaton Vance Short Duration Municipal Income ETF

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.