Oxbow Advisors LLC Purchases Shares of 11,500 Eaton Vance Floating Rate ETF $EVLN

Oxbow Advisors LLC acquired a new stake in shares of Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 11,500 shares of the company’s stock, valued at approximately $122,000.

A number of other hedge funds have also recently bought and sold shares of EVLN. HBK Sorce Advisory LLC bought a new position in shares of Eaton Vance Floating Rate ETF during the second quarter valued at about $206,000. Flow Traders U.S. LLC purchased a new stake in Eaton Vance Floating Rate ETF in the 3rd quarter valued at about $1,174,000. 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. Finally, Ameriprise Financial Inc. bought a new position in shares of Eaton Vance Floating Rate ETF during the 3rd quarter worth approximately $27,435,000.

Eaton Vance Floating Rate ETF Stock Performance

Shares of NYSEARCA EVLN opened at $48.88 on Thursday. The stock’s 50 day moving average price is $48.71 and its 200-day moving average price is $48.70. Eaton Vance Floating Rate ETF has a twelve month low of $48.08 and a twelve 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.