Farther Finance Advisors LLC Raises Stock Position in Eaton Vance Short Duration Municipal Income ETF $EVSM

Farther Finance Advisors LLC raised its position in Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) by 128.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 103,506 shares of the company’s stock after acquiring an additional 58,099 shares during the period. Farther Finance Advisors LLC’s holdings in Eaton Vance Short Duration Municipal Income ETF were worth $5,220,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc acquired a new stake in shares of Eaton Vance Short Duration Municipal Income ETF during the 3rd quarter worth approximately $122,000. Flow Traders U.S. LLC grew its position in Eaton Vance Short Duration Municipal Income ETF by 41.9% in the second quarter. Flow Traders U.S. LLC now owns 13,199 shares of the company’s stock worth $660,000 after acquiring an additional 3,900 shares during the period. Diversified Portfolios Inc. acquired a new stake in Eaton Vance Short Duration Municipal Income ETF during the second quarter worth $258,000. FSA Advisors Inc. purchased a new stake in Eaton Vance Short Duration Municipal Income ETF in the second quarter valued at $240,000. Finally, Janney Montgomery Scott LLC lifted its stake in shares of Eaton Vance Short Duration Municipal Income ETF by 23.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 29,926 shares of the company’s stock valued at $1,496,000 after purchasing an additional 5,695 shares during the last quarter.

Eaton Vance Short Duration Municipal Income ETF Trading Down 0.3%

NYSEARCA EVSM opened at $50.30 on Wednesday. The stock has a fifty day simple moving average of $50.40 and a 200-day simple moving average of $50.32. Eaton Vance Short Duration Municipal Income ETF has a twelve month low of $48.63 and a twelve month high of $50.73.

About Eaton Vance Short Duration Municipal Income ETF

The Eaton Vance Short Duration Municipal Income ETF (EVSM) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests in USD-denominated tax-exempt municipal bonds, rated investment grade and with a portfolio maturity of less than three years. EVSM was launched on Dec 19, 2018 and is issued by Eaton Vance.