Eaton Vance Short Duration Income ETF (EVSD) to Issue Monthly Dividend of $0.18 on April 7th

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) announced a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Investors of record on Tuesday, March 31st will be paid a dividend of 0.1844 per share on Tuesday, April 7th. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a 2.9% increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.18.

Eaton Vance Short Duration Income ETF Price Performance

EVSD stock opened at $50.94 on Wednesday. The business’s 50-day moving average is $51.40 and its two-hundred day moving average is $51.47. Eaton Vance Short Duration Income ETF has a fifty-two week low of $50.35 and a fifty-two week high of $51.72.

Hedge Funds Weigh In On Eaton Vance Short Duration Income ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Janney Montgomery Scott LLC grew its position 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 valued at $10,046,000 after buying an additional 175,631 shares during the period. Eldridge Investment Advisors Inc. raised its position in Eaton Vance Short Duration Income ETF by 145.7% in 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 during the period. Nemes Rush Group LLC boosted its stake in shares of Eaton Vance Short Duration Income ETF by 3.6% during the 4th quarter. Nemes Rush Group LLC now owns 196,156 shares of the company’s stock worth $10,091,000 after acquiring an additional 6,833 shares during the last quarter. Studio Investment Management LLC bought a new stake in shares of Eaton Vance Short Duration Income ETF during the 4th quarter valued at $208,000. Finally, Ameriprise Financial Inc. purchased a new stake in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth $15,875,000.

About Eaton Vance Short Duration Income ETF

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.