Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Shares Down 0.1% – Here’s What Happened

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Get Free Report) shares fell 0.1% during trading on Wednesday. The stock traded as low as $47.43 and last traded at $47.46. Approximately 17,770 shares were traded during mid-day trading, an increase of 175% from the average daily volume of 6,462 shares. The stock had previously closed at $47.49.

Eaton Vance High Income Municipal ETF Stock Performance

The business has a 50 day moving average of $48.29 and a two-hundred day moving average of $49.70.

Eaton Vance High Income Municipal ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a $0.2076 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date of this dividend was Wednesday, September 30th. This is a decrease from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.2117.

Institutional Investors Weigh In On Eaton Vance High Income Municipal ETF

An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new stake in Eaton Vance High Income Municipal ETF (NASDAQ:EVYM – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned approximately 0.10% of Eaton Vance High Income Municipal ETF as of its most recent SEC filing.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.

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