Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Stock Price Down 0% – Here’s What Happened

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN)’s share price traded down 0% during mid-day trading on Monday . The company traded as low as $49.45 and last traded at $49.47. 123,745 shares traded hands during trading, an increase of 19% from the average session volume of 103,593 shares. The stock had previously closed at $49.49.

Eaton Vance Floating Rate ETF Trading Down 0.0%

The firm has a fifty day moving average price of $49.63 and a 200 day moving average price of $49.82.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Eaton Vance Floating Rate ETF stock. Flow Traders U.S. LLC bought a new position in Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 23,645 shares of the company’s stock, valued at approximately $1,174,000. Flow Traders U.S. LLC owned approximately 0.08% of Eaton Vance Floating Rate ETF at the end of the most recent reporting period.

About Eaton Vance Floating Rate ETF

The Eaton Vance Floating-Rate ETF (EVLN) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is actively managed, seeking high current income by holding sub-investment grade floating-rate loans and corporate debts issued globally. EVLN was launched on Feb 6, 2024 and is issued by Eaton Vance.