Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) Increases Dividend to $0.19 Per Share

Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) announced a monthly dividend on Wednesday, April 29th, NASDAQ Dividends reports. Shareholders of record on Thursday, April 30th will be given a dividend of 0.1889 per share on Wednesday, May 6th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Thursday, April 30th. This is a 2.5% increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.18.

Eaton Vance Short Duration Income ETF Stock Down 0.3%

Shares of NASDAQ EVSD traded down $0.13 during midday trading on Thursday, reaching $50.97. The company’s stock had a trading volume of 343,508 shares, compared to its average volume of 169,032. The company has a 50 day moving average price of $51.23 and a 200 day moving average price of $51.41. Eaton Vance Short Duration Income ETF has a one year low of $50.61 and a one year high of $51.72.

Institutional Trading of Eaton Vance Short Duration Income ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EVSD. Ameriprise Financial Inc. bought a new stake in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth approximately $15,875,000. Prism Advisors Inc. bought a new stake in shares of Eaton Vance Short Duration Income ETF in the 1st quarter worth approximately $15,230,000. Nemes Rush Group LLC bought a new stake in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter worth approximately $9,732,000. Janney Montgomery Scott LLC raised its holdings in shares of Eaton Vance Short Duration Income ETF by 893.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 195,285 shares of the company’s stock worth $10,046,000 after purchasing an additional 175,631 shares in the last quarter. Finally, Eldridge Investment Advisors Inc. raised its holdings in shares of Eaton Vance Short Duration Income ETF by 145.7% in the 4th quarter. Eldridge Investment Advisors Inc. now owns 55,895 shares of the company’s stock worth $2,875,000 after purchasing an additional 33,145 shares in the last quarter.

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.