Flow Traders U.S. LLC Takes Position in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN)

Flow Traders U.S. LLC bought a new position in shares of Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) during the third quarter, HoldingsChannel reports. The institutional investor bought 35,500 shares of the company’s stock, valued at approximately $1,778,000.

Eaton Vance Floating Rate ETF Stock Performance

EVLN stock opened at $50.49 on Monday. The stock’s 50 day moving average is $50.43 and its two-hundred day moving average is $50.44. Eaton Vance Floating Rate ETF has a 52-week low of $49.73 and a 52-week high of $50.90.

About Eaton Vance Floating Rate ETF

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.