Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Trading Up 0.6% – Still a Buy?

Shares of Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) traded up 0.6% during trading on Friday . The company traded as high as $11.08 and last traded at $11.06. 31,789 shares were traded during trading, a decline of 29% from the average session volume of 44,853 shares. The stock had previously closed at $10.99.

Eaton Vance Short Duration Diversified Income Fund Stock Up 0.6 %

The firm’s fifty day simple moving average is $11.04 and its 200 day simple moving average is $11.09.

Eaton Vance Short Duration Diversified Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a dividend of $0.0735 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.88 dividend on an annualized basis and a yield of 7.98%.

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

Several institutional investors and hedge funds have recently modified their holdings of EVG. AE Wealth Management LLC increased its position in Eaton Vance Short Duration Diversified Income Fund by 3.5% during the second quarter. AE Wealth Management LLC now owns 59,510 shares of the company’s stock worth $643,000 after buying an additional 1,988 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the second quarter valued at approximately $119,000. International Assets Investment Management LLC bought a new stake in Eaton Vance Short Duration Diversified Income Fund in the 3rd quarter valued at $3,799,000. FSA Advisors Inc. grew its position in Eaton Vance Short Duration Diversified Income Fund by 11.7% during the third quarter. FSA Advisors Inc. now owns 19,770 shares of the company’s stock worth $221,000 after buying an additional 2,072 shares in the last quarter. Finally, Shaker Financial Services LLC raised its holdings in Eaton Vance Short Duration Diversified Income Fund by 14.3% in the 3rd quarter. Shaker Financial Services LLC now owns 39,473 shares of the company’s stock valued at $441,000 after acquiring an additional 4,951 shares in the last quarter.

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.