Diversified Portfolios Inc. Grows Position in Eaton Vance Short Duration Municipal Income ETF $EVSM

Diversified Portfolios Inc. boosted its stake in shares of Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) by 368.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,180 shares of the company’s stock after acquiring an additional 19,017 shares during the period. Diversified Portfolios Inc. owned 0.24% of Eaton Vance Short Duration Municipal Income ETF worth $1,220,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. FSA Advisors Inc. boosted its holdings in shares of Eaton Vance Short Duration Municipal Income ETF by 79.6% during the 3rd quarter. FSA Advisors Inc. now owns 8,632 shares of the company’s stock valued at $435,000 after purchasing an additional 3,825 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of Eaton Vance Short Duration Municipal Income ETF in the third quarter worth about $2,784,000. Farther Finance Advisors LLC boosted its stake in Eaton Vance Short Duration Municipal Income ETF by 128.0% during the third quarter. Farther Finance Advisors LLC now owns 103,506 shares of the company’s stock valued at $5,220,000 after buying an additional 58,099 shares during the last quarter. AdvisorNet Financial Inc purchased a new position in Eaton Vance Short Duration Municipal Income ETF during the 3rd quarter valued at approximately $122,000. Finally, Flow Traders U.S. LLC increased its stake in Eaton Vance Short Duration Municipal Income ETF by 41.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 13,199 shares of the company’s stock worth $660,000 after acquiring an additional 3,900 shares during the last quarter.

Eaton Vance Short Duration Municipal Income ETF Stock Up 0.0%

Shares of EVSM opened at $50.59 on Thursday. Eaton Vance Short Duration Municipal Income ETF has a 1 year low of $48.63 and a 1 year high of $50.88. The business’s 50 day simple moving average is $50.61 and its 200-day simple moving average is $50.50.

Eaton Vance Short Duration Municipal Income ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, March 5th. Shareholders of record on Friday, February 27th will be given a dividend of $0.1151 per share. This represents a c) annualized dividend and a yield of 2.7%. This is an increase from Eaton Vance Short Duration Municipal Income ETF’s previous monthly dividend of $0.11. The ex-dividend date is Friday, February 27th.

Eaton Vance Short Duration Municipal Income ETF Profile

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.