Fund Advisors of America Inc FL Takes Position in Eaton Vance Floating Rate ETF $EVLN

Fund Advisors of America Inc FL acquired a new stake in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) in the second quarter, Holdings Channel reports. The firm acquired 15,243 shares of the company’s stock, valued at approximately $162,000.

Other large investors have also recently added to or reduced their stakes in the company. Keating Financial Advisory Services Inc. acquired a new stake in Eaton Vance Floating Rate ETF during the 2nd quarter worth approximately $1,149,000. Altman Advisors Inc. purchased a new position in Eaton Vance Floating Rate ETF in the 2nd quarter valued at approximately $442,000. Oxbow Advisors LLC acquired a new position in shares of Eaton Vance Floating Rate ETF in the second quarter worth $122,000. HBK Sorce Advisory LLC acquired a new position in shares of Eaton Vance Floating Rate ETF in the second quarter worth $206,000. Finally, Eldridge Investment Advisors Inc. grew its stake in shares of Eaton Vance Floating Rate ETF by 0.6% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 189,982 shares of the company’s stock worth $9,399,000 after acquiring an additional 1,102 shares in the last quarter.

Eaton Vance Floating Rate ETF Stock Up 0.0%

Eaton Vance Floating Rate ETF stock opened at $48.91 on Friday. Eaton Vance Floating Rate ETF has a twelve month low of $48.08 and a twelve month high of $50.12. The stock’s fifty day simple moving average is $48.71 and its 200-day simple moving average is $48.70.

About Eaton Vance Floating Rate ETF

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.