Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Stock Price Down 0.1% – Here’s What Happened

Eaton Vance High Income Municipal ETF (NASDAQ:EVYMGet Free Report)’s stock price dropped 0.1% on Tuesday . The company traded as low as $50.39 and last traded at $50.47. Approximately 9,450 shares were traded during trading, an increase of 84% from the average session volume of 5,133 shares. The stock had previously closed at $50.54.

Eaton Vance High Income Municipal ETF Price Performance

The company’s 50-day simple moving average is $50.62 and its 200-day simple moving average is $50.39.

Eaton Vance High Income Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.214 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 5.1%. This is a boost from Eaton Vance High Income Municipal ETF’s previous monthly dividend of $0.20.

Institutional Investors Weigh In On Eaton Vance High Income Municipal ETF

An institutional investor recently bought a new position in Eaton Vance High Income Municipal ETF stock. AdvisorNet Financial Inc bought a new stake in shares of Eaton Vance High Income Municipal ETF (NASDAQ:EVYMFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,008 shares of the company’s stock, valued at approximately $50,000. AdvisorNet Financial Inc owned about 0.10% of Eaton Vance High Income Municipal ETF as of its most recent SEC filing.

Eaton Vance High Income Municipal ETF Company Profile

(Get Free Report)

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness. EVYM was launched on Feb 25, 2025 and is issued by Eaton Vance.

See Also

Receive News & Ratings for Eaton Vance High Income Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance High Income Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.