Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Stock Price Up 0.4% – Here’s What Happened

Shares of Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) were up 0.4% during mid-day trading on Thursday . The stock traded as high as $11.17 and last traded at $11.17. Approximately 6,831 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 40,663 shares. The stock had previously closed at $11.12.

Eaton Vance Short Duration Diversified Income Fund Stock Up 0.4 %

The firm has a 50 day simple moving average of $11.18 and a two-hundred day simple moving average of $10.93.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Wednesday, October 23rd will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 8.60%. This is an increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08. The ex-dividend date is Wednesday, October 23rd.

Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund

Large investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund during the third quarter valued at approximately $3,799,000. FSA Advisors Inc. purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund during the 1st quarter valued at about $167,000. Rockport Wealth LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund during the 1st quarter worth approximately $123,000. B. Riley Wealth Advisors Inc. purchased a new position in Eaton Vance Short Duration Diversified Income Fund in the 2nd quarter worth approximately $119,000. Finally, Commonwealth Equity Services LLC grew its position in Eaton Vance Short Duration Diversified Income Fund by 7.0% in the second quarter. Commonwealth Equity Services LLC now owns 50,219 shares of the company’s stock valued at $542,000 after acquiring an additional 3,299 shares in the last quarter.

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.