11,208 Shares in Eaton Vance Short Duration Income ETF $EVSD Acquired by First American Bank

First American Bank bought a new position in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) in the first quarter, HoldingsChannel.com reports. The institutional investor bought 11,208 shares of the company’s stock, valued at approximately $571,000.

Several other institutional investors have also recently added to or reduced their stakes in EVSD. Nemes Rush Group LLC acquired a new stake in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter worth approximately $9,732,000. Ameriprise Financial Inc. acquired a new position in shares of Eaton Vance Short Duration Income ETF during the 3rd quarter valued at $15,875,000. Studio Investment Management LLC acquired a new position in shares of Eaton Vance Short Duration Income ETF during the 4th quarter valued at $208,000. Eldridge Investment Advisors Inc. boosted its stake in Eaton Vance Short Duration Income ETF by 145.7% during the fourth 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. Finally, Janney Montgomery Scott LLC boosted its stake 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 acquiring an additional 175,631 shares in the last quarter.

Eaton Vance Short Duration Income ETF Stock Performance

NASDAQ:EVSD opened at $51.03 on Friday. Eaton Vance Short Duration Income ETF has a 12 month low of $50.80 and a 12 month high of $51.72. The firm has a fifty day simple moving average of $51.02 and a two-hundred day simple moving average of $51.26.

Eaton Vance Short Duration Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 4th. Stockholders of record on Friday, May 29th were paid a $0.1944 dividend. The ex-dividend date was Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 4.6%. This is a boost from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.19.

Eaton Vance Short Duration Income ETF Company 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.