Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Shares Up 0.4% – Still a Buy?

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) traded up 0.4% on Thursday . The company traded as high as $11.17 and last traded at $11.17. 6,831 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 40,663 shares. The stock had previously closed at $11.12.

Eaton Vance Short Duration Diversified Income Fund Stock Performance

The company’s 50-day moving average price is $11.18 and its two-hundred day moving average price is $10.93.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 23rd will be given a $0.08 dividend. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08. The ex-dividend date is Wednesday, October 23rd. This represents a $0.96 annualized dividend and a yield of 8.59%.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC purchased a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the third quarter worth approximately $3,799,000. AE Wealth Management LLC boosted its stake in Eaton Vance Short Duration Diversified Income Fund by 3.5% in the 2nd quarter. AE Wealth Management LLC now owns 59,510 shares of the company’s stock worth $643,000 after purchasing an additional 1,988 shares during the period. Commonwealth Equity Services LLC grew its position in Eaton Vance Short Duration Diversified Income Fund by 7.0% during the 2nd quarter. Commonwealth Equity Services LLC now owns 50,219 shares of the company’s stock worth $542,000 after purchasing an additional 3,299 shares in the last quarter. FSA Advisors Inc. grew its position in Eaton Vance Short Duration Diversified Income Fund by 11.7% during the 3rd quarter. FSA Advisors Inc. now owns 19,770 shares of the company’s stock worth $221,000 after purchasing an additional 2,072 shares in the last quarter. Finally, Rockport Wealth LLC acquired a new stake in Eaton Vance Short Duration Diversified Income Fund during the 1st quarter valued at $123,000.

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.