Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Stock Price Down 0.7%

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) shares fell 0.7% during mid-day trading on Wednesday . The stock traded as low as $10.41 and last traded at $10.44. 19,806 shares changed hands during trading, a decline of 59% from the average session volume of 48,228 shares. The stock had previously closed at $10.51.

Eaton Vance Short Duration Diversified Income Fund Trading Up 0.5 %

The firm has a 50-day moving average of $10.57 and a 200-day moving average of $10.39.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.079 per share. This represents a $0.95 annualized dividend and a yield of 9.10%. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Monday, April 22nd.

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

A number of large investors have recently made changes to their positions in the business. Bey Douglas LLC bought a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the 4th quarter worth approximately $187,000. Shaker Financial Services LLC lifted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 27.8% in the 4th quarter. Shaker Financial Services LLC now owns 39,528 shares of the company’s stock valued at $410,000 after purchasing an additional 8,595 shares during the period. EP Wealth Advisors LLC purchased a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the 3rd quarter valued at approximately $199,000. Finally, Moors & Cabot Inc. lifted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 15.5% in the 3rd quarter. Moors & Cabot Inc. now owns 23,100 shares of the company’s stock valued at $240,000 after purchasing an additional 3,100 shares during the period.

About Eaton Vance Short Duration Diversified Income Fund

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.