Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Trading Up 0.7% – Here’s What Happened

Shares of Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) were up 0.7% during trading on Tuesday . The stock traded as high as $11.11 and last traded at $11.0640. Approximately 58,686 shares changed hands during trading, an increase of 48% from the average daily volume of 39,772 shares. The stock had previously closed at $10.99.

Eaton Vance Short Duration Diversified Income Fund Stock Up 0.7%

The stock has a 50 day moving average of $11.14 and a 200 day moving average of $11.09.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be issued a $0.075 dividend. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07. The ex-dividend date is Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%.

Hedge Funds Weigh In On Eaton Vance Short Duration Diversified Income Fund

Large investors have recently added to or reduced their stakes in the company. AE Wealth Management LLC raised its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 8.1% during the second quarter. AE Wealth Management LLC now owns 90,115 shares of the company’s stock worth $994,000 after purchasing an additional 6,771 shares during the period. Shaker Financial Services LLC boosted its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 155.3% in the 2nd quarter. Shaker Financial Services LLC now owns 91,716 shares of the company’s stock valued at $1,012,000 after buying an additional 55,795 shares during the period. FSA Advisors Inc. boosted its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 13.7% in the 2nd quarter. FSA Advisors Inc. now owns 43,093 shares of the company’s stock valued at $475,000 after buying an additional 5,188 shares during the period. Bey Douglas LLC grew its position in shares of Eaton Vance Short Duration Diversified Income Fund by 44.1% during the 2nd quarter. Bey Douglas LLC now owns 21,635 shares of the company’s stock valued at $239,000 after buying an additional 6,622 shares during the last quarter. Finally, Post Resch Tallon Group Inc. raised its stake in Eaton Vance Short Duration Diversified Income Fund by 18.5% during the second quarter. Post Resch Tallon Group Inc. now owns 28,057 shares of the company’s stock worth $309,000 after acquiring an additional 4,386 shares during the period.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.