Keating Financial Advisory Services Inc. Invests $1.15 Million in Eaton Vance Floating Rate ETF $EVLN

Keating Financial Advisory Services Inc. bought a new stake in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 106,351 shares of the company’s stock, valued at approximately $1,149,000.

A number of other large investors also recently made changes to their positions in EVLN. Ameriprise Financial Inc. bought a new stake in Eaton Vance Floating Rate ETF in the 3rd quarter worth about $27,435,000. Eldridge Investment Advisors Inc. lifted its position in shares of Eaton Vance Floating Rate ETF by 0.6% during the 4th quarter. Eldridge Investment Advisors Inc. now owns 189,982 shares of the company’s stock worth $9,399,000 after buying an additional 1,102 shares in the last quarter. Altman Advisors Inc. purchased a new position in shares of Eaton Vance Floating Rate ETF in the 2nd quarter worth approximately $442,000. Flow Traders U.S. LLC purchased a new position in shares of Eaton Vance Floating Rate ETF in the 3rd quarter worth approximately $1,174,000. Finally, HBK Sorce Advisory LLC purchased a new position in shares of Eaton Vance Floating Rate ETF in the 2nd quarter worth approximately $206,000.

Eaton Vance Floating Rate ETF Stock Up 0.0%

EVLN stock opened at $48.91 on Friday. The business has a 50 day moving average of $48.71 and a 200-day moving average of $48.70. Eaton Vance Floating Rate ETF has a 12-month low of $48.08 and a 12-month high of $50.12.

Eaton Vance Floating Rate ETF Profile

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.