Eaton Vance Senior Income Trust (NYSE:EVF) Stock Price Down 0.6% – Here’s Why

Shares of Eaton Vance Senior Income Trust (NYSE:EVF) were down 0.6% during mid-day trading on Wednesday . The stock traded as low as $6.21 and last traded at $6.21. Approximately 50,763 shares were traded during trading, a decline of 32% from the average daily volume of 74,633 shares. The stock had previously closed at $6.25.

Eaton Vance Senior Income Trust Trading Down 0.6 %

The stock has a 50-day simple moving average of $6.22 and a 200 day simple moving average of $6.31.

Eaton Vance Senior Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, October 18th. Investors of record on Friday, October 11th were given a $0.052 dividend. The ex-dividend date of this dividend was Friday, October 11th. This represents a $0.62 annualized dividend and a dividend yield of 10.05%.

Institutional Trading of Eaton Vance Senior Income Trust

Several institutional investors and hedge funds have recently modified their holdings of EVF. Ameritas Advisory Services LLC purchased a new stake in shares of Eaton Vance Senior Income Trust in the second quarter valued at $67,000. Cetera Advisors LLC raised its stake in Eaton Vance Senior Income Trust by 24.1% in the 1st quarter. Cetera Advisors LLC now owns 18,000 shares of the company’s stock valued at $114,000 after purchasing an additional 3,500 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its holdings in Eaton Vance Senior Income Trust by 6.4% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 295,146 shares of the company’s stock valued at $1,871,000 after purchasing an additional 17,776 shares in the last quarter.

About Eaton Vance Senior Income Trust

Eaton Vance Senior Income Trust 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 seeks to invest in the securities of companies operating across the diversified sectors. The fund primarily invests in senior secured floating rate loans.