Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Plans $0.04 Monthly Dividend

Eaton Vance New York Municipal Bond Fund (NYSE:ENXGet Free Report) declared a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be given a dividend of 0.0394 per share on Tuesday, April 30th. This represents a $0.47 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date of this dividend is Monday, April 22nd.

Eaton Vance New York Municipal Bond Fund Price Performance

Shares of Eaton Vance New York Municipal Bond Fund stock traded down $0.03 during trading on Wednesday, reaching $9.63. 58,729 shares of the company’s stock were exchanged, compared to its average volume of 25,360. Eaton Vance New York Municipal Bond Fund has a 1-year low of $7.84 and a 1-year high of $10.07. The firm’s 50-day moving average price is $9.82 and its 200 day moving average price is $9.77.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. purchased 19,040 shares of the business’s stock in a transaction on Friday, January 5th. The shares were acquired at an average price of $9.65 per share, for a total transaction of $183,736.00. Following the completion of the acquisition, the insider now owns 3,066,889 shares in the company, valued at $29,595,478.85. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Institutional Trading of Eaton Vance New York Municipal Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Stifel Financial Corp bought a new position in Eaton Vance New York Municipal Bond Fund during the fourth quarter valued at $107,000. Cohen & Steers Inc. boosted its holdings in shares of Eaton Vance New York Municipal Bond Fund by 250.8% in the fourth quarter. Cohen & Steers Inc. now owns 42,100 shares of the company’s stock worth $406,000 after acquiring an additional 30,100 shares during the period. Finally, Virtu Financial LLC bought a new position in shares of Eaton Vance New York Municipal Bond Fund in the fourth quarter worth $154,000.

Eaton Vance New York Municipal Bond Fund Company Profile

(Get Free Report)

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.

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Dividend History for Eaton Vance New York Municipal Bond Fund (NYSE:ENX)

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