Studio Investment Management LLC Acquires New Holdings in Eaton Vance Short Duration Income ETF $EVSD

Studio Investment Management LLC bought a new stake in Eaton Vance Short Duration Income ETF (NASDAQ:EVSD) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 10,347 shares of the company’s stock, valued at approximately $517,000.

A number of other hedge funds have also recently modified their holdings of EVSD. Prism Advisors Inc. purchased a new position in shares of Eaton Vance Short Duration Income ETF in the 3rd quarter valued at $16,667,000. Janney Montgomery Scott LLC raised its stake in Eaton Vance Short Duration Income ETF by 3.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 202,908 shares of the company’s stock worth $10,336,000 after acquiring an additional 7,623 shares in the last quarter. Equitable Holdings Inc. purchased a new stake in Eaton Vance Short Duration Income ETF in the second quarter valued at $691,000. Bank of America Corp DE purchased a new stake in Eaton Vance Short Duration Income ETF in the second quarter valued at $297,000. Finally, First American Bank purchased a new stake in Eaton Vance Short Duration Income ETF in the first quarter valued at $571,000.

Eaton Vance Short Duration Income ETF Stock Performance

NASDAQ EVSD opened at $50.17 on Friday. Eaton Vance Short Duration Income ETF has a 1 year low of $49.73 and a 1 year high of $51.72. The company has a fifty day moving average of $50.33 and a two-hundred day moving average of $50.73.

Eaton Vance Short Duration Income ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.2073 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 5.0%. This is an increase from Eaton Vance Short Duration Income ETF’s previous monthly dividend of $0.1893. The ex-dividend date was Wednesday, September 30th.

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.