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

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG)’s share price traded down 0.4% during trading on Tuesday . The company traded as low as $10.90 and last traded at $10.97. 32,485 shares were traded during trading, a decline of 21% from the average session volume of 41,189 shares. The stock had previously closed at $11.01.

Eaton Vance Short Duration Diversified Income Fund Price Performance

The firm has a 50-day simple moving average of $11.17 and a two-hundred day simple moving average of $11.09.

Eaton Vance Short Duration Diversified Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be issued a $0.0794 dividend. This represents a $0.95 dividend on an annualized basis and a dividend yield of 8.69%. The ex-dividend date of this dividend is Monday, December 23rd.

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

Several large investors have recently added to or reduced their stakes in the business. Stifel Financial Corp grew its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 10.0% in the third quarter. Stifel Financial Corp now owns 22,052 shares of the company’s stock worth $247,000 after acquiring an additional 2,011 shares in the last quarter. Advisors Asset Management Inc. purchased a new position in Eaton Vance Short Duration Diversified Income Fund in the third quarter valued at $1,066,000. Shaker Financial Services LLC increased its holdings in 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. International Assets Investment Management LLC acquired a new stake in Eaton Vance Short Duration Diversified Income Fund in the 3rd quarter valued at about $3,799,000. Finally, FSA Advisors Inc. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 11.7% in the 3rd quarter. FSA Advisors Inc. now owns 19,770 shares of the company’s stock valued at $221,000 after buying an additional 2,072 shares during the period.

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.