Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Stock Price Down 0.6%

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) shares dropped 0.6% on Wednesday . The company traded as low as $9.43 and last traded at $9.44. Approximately 246,881 shares traded hands during trading, a decline of 26% from the average daily volume of 335,172 shares. The stock had previously closed at $9.50.

Eaton Vance Limited Duration Income Fund Stock Performance

Eaton Vance Limited Duration Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, April 18th. Stockholders of record on Thursday, April 11th were given a $0.0797 dividend. The ex-dividend date was Wednesday, April 10th. This represents a $0.96 annualized dividend and a dividend yield of 10.13%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. CoreCap Advisors LLC lifted its position in shares of Eaton Vance Limited Duration Income Fund by 1.5% in the fourth quarter. CoreCap Advisors LLC now owns 117,285 shares of the company’s stock worth $1,124,000 after buying an additional 1,770 shares in the last quarter. Edmonds Duncan Registered Investment Advisors LLC boosted its position in shares of Eaton Vance Limited Duration Income Fund by 0.5% during the 4th quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 232,051 shares of the company’s stock valued at $2,223,000 after acquiring an additional 1,060 shares during the last quarter. Penserra Capital Management LLC grew its holdings in shares of Eaton Vance Limited Duration Income Fund by 275.3% in the third quarter. Penserra Capital Management LLC now owns 1,196,625 shares of the company’s stock valued at $10,817,000 after purchasing an additional 877,821 shares in the last quarter. Stifel Financial Corp increased its position in Eaton Vance Limited Duration Income Fund by 3.0% in the third quarter. Stifel Financial Corp now owns 329,221 shares of the company’s stock worth $2,976,000 after purchasing an additional 9,454 shares during the last quarter. Finally, LPL Financial LLC raised its stake in Eaton Vance Limited Duration Income Fund by 12.2% during the third quarter. LPL Financial LLC now owns 781,737 shares of the company’s stock valued at $7,067,000 after purchasing an additional 85,001 shares in the last quarter.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.