Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Stock Crosses Below Fifty Day Moving Average – Time to Sell?

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIMGet Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $10.14 and traded as low as $9.90. Eaton Vance Municipal Bond Fund shares last traded at $9.95, with a volume of 113,812 shares changing hands.

Eaton Vance Municipal Bond Fund Price Performance

The business’s fifty day moving average price is $10.14.

Eaton Vance Municipal Bond Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.0508 dividend. This represents a $0.61 annualized dividend and a dividend yield of 6.13%. The ex-dividend date is Friday, March 14th.

Institutional Trading of Eaton Vance Municipal Bond Fund

A number of institutional investors have recently bought and sold shares of EIM. Elequin Capital LP bought a new position in Eaton Vance Municipal Bond Fund during the fourth quarter worth about $29,000. Virtu Financial LLC bought a new position in Eaton Vance Municipal Bond Fund during the 4th quarter worth approximately $117,000. Oppenheimer & Co. Inc. acquired a new position in Eaton Vance Municipal Bond Fund during the fourth quarter valued at approximately $133,000. Sanctuary Advisors LLC bought a new stake in Eaton Vance Municipal Bond Fund in the third quarter valued at approximately $156,000. Finally, Landscape Capital Management L.L.C. acquired a new stake in Eaton Vance Municipal Bond Fund in the fourth quarter worth $172,000.

Eaton Vance Municipal Bond Fund Company Profile

(Get Free Report)

Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.

Further Reading

Receive News & Ratings for Eaton Vance Municipal Bond Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Municipal Bond Fund and related companies with MarketBeat.com's FREE daily email newsletter.