Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Sees Strong Trading Volume – Here’s What Happened

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) saw an uptick in trading volume on Wednesday . Approximately 105,895 shares were traded during trading, a decline of 31% from the previous session’s volume of 154,272 shares.The stock last traded at $50.89 and had previously closed at $50.79.

Eaton Vance Short Duration Income ETF Stock Performance

The company has a 50-day moving average of $50.86 and a 200 day moving average of $51.11.

Eaton Vance Short Duration Income ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, August 6th. Investors of record on Friday, July 31st were given a dividend of $0.1976 per share. The ex-dividend date was Friday, July 31st.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Studio Investment Management LLC acquired a new position in Eaton Vance Short Duration Income ETF during the fourth quarter worth $208,000. First American Bank purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 1st quarter worth $571,000. Eldridge Investment Advisors Inc. boosted its position in shares of Eaton Vance Short Duration Income ETF by 145.7% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after acquiring an additional 33,145 shares in the last quarter. Janney Montgomery Scott LLC raised its holdings in Eaton Vance Short Duration Income ETF by 893.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after purchasing an additional 175,631 shares in the last quarter. Finally, Nemes Rush Group LLC boosted its stake in Eaton Vance Short Duration Income ETF by 3.6% in the fourth quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock valued at $10,091,000 after acquiring an additional 6,833 shares in the last quarter.

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.