Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Trading 0.6% Higher – Here’s Why

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG)’s stock price traded up 0.6% on Friday . The stock traded as high as $11.08 and last traded at $11.06. 31,789 shares changed hands during trading, a decline of 29% from the average session volume of 44,853 shares. The stock had previously closed at $10.99.

Eaton Vance Short Duration Diversified Income Fund Trading Up 0.6 %

The firm’s 50-day moving average price is $11.04 and its two-hundred day moving average price is $11.09.

Eaton Vance Short Duration Diversified Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.0735 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 7.98%.

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

Institutional investors have recently modified their holdings of the business. International Assets Investment Management LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund in the 3rd quarter valued at $3,799,000. Advisors Asset Management Inc. acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund during the 3rd quarter worth $1,066,000. Tallon Kerry Patrick acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund during the 4th quarter worth $244,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund during the 2nd quarter worth $119,000. Finally, Shaker Financial Services LLC grew its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 14.3% during the 3rd quarter. Shaker Financial Services LLC now owns 39,473 shares of the company’s stock worth $441,000 after purchasing an additional 4,951 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.