Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.00 and traded as high as $10.32. Eaton Vance Limited Duration Income Fund shares last traded at $10.28, with a volume of 226,614 shares changing hands.

Eaton Vance Limited Duration Income Fund Price Performance

Eaton Vance Limited Duration Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 18th. Stockholders of record on Friday, October 11th will be paid a dividend of $0.0809 per share. The ex-dividend date is Friday, October 11th. This represents a $0.97 dividend on an annualized basis and a dividend yield of 9.44%.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of EVV. Melfa Wealth Management Inc. increased its stake in Eaton Vance Limited Duration Income Fund by 1.6% in the 2nd quarter. Melfa Wealth Management Inc. now owns 97,194 shares of the company’s stock worth $947,000 after purchasing an additional 1,548 shares during the period. PFG Investments LLC grew its holdings in Eaton Vance Limited Duration Income Fund by 8.4% in the 2nd quarter. PFG Investments LLC now owns 22,345 shares of the company’s stock worth $218,000 after acquiring an additional 1,738 shares during the last quarter. Future Financial Wealth Managment LLC increased its position in shares of Eaton Vance Limited Duration Income Fund by 6.5% in the third quarter. Future Financial Wealth Managment LLC now owns 46,265 shares of the company’s stock valued at $486,000 after acquiring an additional 2,823 shares during the period. Benjamin F. Edwards & Company Inc. raised its stake in shares of Eaton Vance Limited Duration Income Fund by 2.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 120,348 shares of the company’s stock valued at $1,172,000 after acquiring an additional 3,297 shares during the last quarter. Finally, Edmonds Duncan Registered Investment Advisors LLC boosted its holdings in shares of Eaton Vance Limited Duration Income Fund by 1.5% during the first quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 235,647 shares of the company’s stock worth $2,298,000 after purchasing an additional 3,596 shares during the period.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.