Eaton Vance Floating Rate ETF (NYSEARCA:EVLN) Trading 0.1% Higher – Here’s Why

Posted by ABMN Staff on Jun 2nd, 2026

Eaton Vance Floating Rate ETF (NYSEARCA:EVLN – Get Free Report)’s share price traded up 0.1% during trading on Monday . The company traded as high as $48.75 and last traded at $48.75. 77,076 shares changed hands during mid-day trading, an increase of 2% from the average session volume of 75,855 shares. The stock had previously closed at $48.69.

Eaton Vance Floating Rate ETF Stock Performance

The firm has a 50 day moving average price of $48.68 and a 200-day moving average price of $49.05.

Hedge Funds Weigh In On Eaton Vance Floating Rate ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Eldridge Investment Advisors Inc. lifted its stake in Eaton Vance Floating Rate ETF by 0.6% in the fourth quarter. Eldridge Investment Advisors Inc. now owns 189,982 shares of the company’s stock valued at $9,399,000 after buying an additional 1,102 shares during the period. Flow Traders U.S. LLC acquired a new position in Eaton Vance Floating Rate ETF in the third quarter valued at about $1,174,000. Finally, Ameriprise Financial Inc. acquired a new position in Eaton Vance Floating Rate ETF in the third quarter valued at about $27,435,000.

About Eaton Vance Floating Rate ETF

(Get Free Report)

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.