Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Trading Up 0.3% – What’s Next?

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) shares rose 0.3% during trading on Tuesday . The stock traded as high as $9.91 and last traded at $9.89. Approximately 877,916 shares were traded during mid-day trading, an increase of 220% from the average daily volume of 273,991 shares. The stock had previously closed at $9.86.

Eaton Vance Limited Duration Income Fund Stock Up 0.3%

The business’s 50 day moving average is $10.02 and its two-hundred day moving average is $10.12.

Eaton Vance Limited Duration Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 24th. Investors of record on Friday, December 12th will be paid a dividend of $0.0734 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.9%. The ex-dividend date is Friday, December 12th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Eaton Vance Limited Duration Income Fund during the second quarter valued at about $30,000. PNC Financial Services Group Inc. grew its stake in Eaton Vance Limited Duration Income Fund by 555.6% during the second quarter. PNC Financial Services Group Inc. now owns 3,127 shares of the company’s stock valued at $32,000 after acquiring an additional 2,650 shares in the last quarter. Strategic Advocates LLC purchased a new position in Eaton Vance Limited Duration Income Fund during the third quarter valued at approximately $32,000. Wolverine Asset Management LLC bought a new stake in Eaton Vance Limited Duration Income Fund during the 3rd quarter worth approximately $42,000. Finally, Allworth Financial LP lifted its stake in Eaton Vance Limited Duration Income Fund by 47.8% in the 2nd quarter. Allworth Financial LP now owns 4,348 shares of the company’s stock worth $45,000 after purchasing an additional 1,406 shares in the last quarter.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-end management investment company listed on the NYSE American exchange under the ticker EVV. The fund seeks to provide shareholders with a high level of current income and preservation of capital by investing primarily in a diversified portfolio of short- to intermediate-term debt securities. Its holdings typically include investment-grade corporate bonds, asset-backed securities and various government-related obligations.

To enhance yield, the fund may employ modest leverage through the issuance of preferred stock and borrowings.