Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Stock Price Up 0.6% – Here’s Why

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) traded up 0.6% during trading on Friday . The stock traded as high as $11.08 and last traded at $11.06. 31,789 shares were traded during mid-day 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 Stock Up 0.6 %

The firm’s 50 day simple moving average is $11.04 and its 200 day simple moving average is $11.09.

Eaton Vance Short Duration Diversified Income Fund Announces Dividend

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

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

Several institutional investors have recently bought and sold shares of EVG. Capital Market Strategies LLC raised its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 7.2% in the 4th quarter. Capital Market Strategies LLC now owns 20,260 shares of the company’s stock worth $221,000 after buying an additional 1,365 shares in the last quarter. AE Wealth Management LLC grew its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 3.5% in the 2nd quarter. AE Wealth Management LLC now owns 59,510 shares of the company’s stock worth $643,000 after purchasing an additional 1,988 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 10.0% in the 3rd quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock worth $247,000 after purchasing an additional 2,011 shares in the last quarter. FSA Advisors Inc. lifted its stake in Eaton Vance Short Duration Diversified Income Fund by 11.7% during the third quarter. FSA Advisors Inc. now owns 19,770 shares of the company’s stock valued at $221,000 after purchasing an additional 2,072 shares during the last quarter. Finally, Shaker Financial Services LLC boosted its holdings in Eaton Vance Short Duration Diversified Income Fund by 14.3% during the third quarter. Shaker Financial Services LLC now owns 39,473 shares of the company’s stock worth $441,000 after buying an additional 4,951 shares in the last quarter.

Eaton Vance Short Duration Diversified Income Fund Company Profile

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.