Nemes Rush Group LLC Makes New Investment in Eaton Vance Short Duration Income ETF $EVSD

Nemes Rush Group LLC acquired a new position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 189,323 shares of the company’s stock, valued at approximately $9,732,000.

Separately, Flow Traders U.S. LLC bought a new position in shares of Eaton Vance Short Duration Income ETF in the 2nd quarter valued at about $1,189,000.

Eaton Vance Short Duration Income ETF Trading Down 0.1%

Eaton Vance Short Duration Income ETF stock opened at $51.33 on Wednesday. The stock has a 50-day simple moving average of $51.52 and a 200 day simple moving average of $51.51. Eaton Vance Short Duration Income ETF has a 52 week low of $50.35 and a 52 week high of $51.72.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Friday, February 27th were paid a dividend of $0.1791 per share. The ex-dividend date was Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

Eaton Vance Short Duration Income ETF 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.