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

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

Eaton Vance Short Duration Diversified Income Fund Price Performance

The firm’s 50-day simple moving average is $10.59 and its 200 day simple moving average is $10.39.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd will be paid a $0.079 dividend. This is an increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08. The ex-dividend date is Monday, April 22nd. This represents a $0.95 annualized dividend and a dividend yield of 9.08%.

Hedge Funds Weigh In On Eaton Vance Short Duration Diversified Income Fund

Several large investors have recently modified their holdings of the business. Shaker Financial Services LLC increased its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 27.8% in the fourth quarter. Shaker Financial Services LLC now owns 39,528 shares of the company’s stock worth $410,000 after purchasing an additional 8,595 shares in the last quarter. Moors & Cabot Inc. increased its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 15.5% in the third quarter. Moors & Cabot Inc. now owns 23,100 shares of the company’s stock worth $240,000 after purchasing an additional 3,100 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the third quarter worth about $199,000. Finally, Bey Douglas LLC purchased a new position in Eaton Vance Short Duration Diversified Income Fund during the fourth quarter valued at approximately $187,000.

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.