Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Stock Price Up 2.6%

Shares of Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG – Get Rating) rose 2.6% on Thursday . The company traded as high as $10.47 and last traded at $10.42. Approximately 136,432 shares changed hands during mid-day trading, an increase of 76% from the average daily volume of 77,592 shares. The stock had previously closed at $10.16.

The firm’s 50 day moving average is $10.61 and its two-hundred day moving average is $11.77.

The firm also recently declared a monthly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Thursday, June 23rd will be paid a $0.0958 dividend. The ex-dividend date of this dividend is Wednesday, June 22nd. This represents a $1.15 annualized dividend and a dividend yield of 11.03%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EVG. Guggenheim Capital LLC boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 167.6% in the 3rd quarter. Guggenheim Capital LLC now owns 59,371 shares of the company’s stock valued at $791,000 after buying an additional 37,181 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 32.6% in the 4th quarter. Commonwealth Equity Services LLC now owns 28,449 shares of the company’s stock valued at $377,000 after buying an additional 6,989 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the 4th quarter valued at about $262,000. Centaurus Financial Inc. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 43.3% in the 4th quarter. Centaurus Financial Inc. now owns 94,324 shares of the company’s stock valued at $1,252,000 after buying an additional 28,505 shares during the period. Finally, Advisor Group Holdings Inc. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 6.0% in the 4th quarter. Advisor Group Holdings Inc. now owns 67,019 shares of the company’s stock valued at $890,000 after buying an additional 3,777 shares during the period.

Eaton Vance Short Duration Diversified Income Fund Company Profile (NYSE:EVG)

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.

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