298,979 Shares in Eaton Vance Short Duration Income ETF $EVSD Acquired by Prism Advisors Inc.

Prism Advisors Inc. bought a new position in shares of Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 298,979 shares of the company’s stock, valued at approximately $15,230,000. Eaton Vance Short Duration Income ETF accounts for 4.1% of Prism Advisors Inc.’s holdings, making the stock its 10th largest position. Prism Advisors Inc. owned 1.29% of Eaton Vance Short Duration Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Studio Investment Management LLC bought a new position in shares of Eaton Vance Short Duration Income ETF in the 4th quarter worth $208,000. First American Bank purchased a new stake in shares of Eaton Vance Short Duration Income ETF during the 1st quarter worth $571,000. Eldridge Investment Advisors Inc. lifted its stake in shares of Eaton Vance Short Duration Income ETF by 145.7% during 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 during the last quarter. Nemes Rush Group LLC bought a new stake in Eaton Vance Short Duration Income ETF during the third quarter valued at about $9,732,000. Finally, Janney Montgomery Scott LLC boosted 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 purchasing an additional 175,631 shares in the last quarter.

Eaton Vance Short Duration Income ETF Trading Down 0.5%

EVSD opened at $50.85 on Wednesday. The business’s 50-day moving average is $51.00 and its two-hundred day moving average is $51.25. Eaton Vance Short Duration Income ETF has a 1 year low of $50.80 and a 1 year high of $51.72.

Eaton Vance Short Duration Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th will be issued a $0.1902 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Tuesday, June 30th.

Eaton Vance Short Duration Income ETF Profile

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.