Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by Lauren Steadman on Apr 3rd, 2025

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN – Get Free Report) shares saw an uptick in trading volume on Thursday . 430,319 shares traded hands during trading, an increase of 376% from the previous session’s volume of 90,389 shares.The stock last traded at $49.09 and had previously closed at $49.36.

Eaton Vance Floating Rate ETF Trading Down 0.6 %

The stock’s fifty day simple moving average is $50.12 and its two-hundred day simple moving average is $50.33.

Eaton Vance Floating Rate ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, April 4th. Investors of record on Monday, March 31st will be paid a $0.3116 dividend. The ex-dividend date of this dividend is Monday, March 31st.

Institutional Investors Weigh In On Eaton Vance Floating Rate ETF

A hedge fund recently raised its stake in Eaton Vance Floating Rate ETF stock. Eldridge Investment Advisors Inc. grew its position in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN – Free Report) by 143.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 59,137 shares of the company’s stock after purchasing an additional 34,850 shares during the quarter. Eldridge Investment Advisors Inc. owned approximately 0.38% of Eaton Vance Floating Rate ETF worth $2,978,000 as of its most recent filing with the SEC.

Eaton Vance Floating Rate ETF Company Profile

(Get Free Report)

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.