Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Shares Pass Above 50-Day Moving Average of $0.00

Shares of Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.00 and traded as high as $9.16. Eaton Vance California Municipal Bond Fund shares last traded at $9.16, with a volume of 41,936 shares trading hands.

Eaton Vance California Municipal Bond Fund Stock Performance

Institutional Investors Weigh In On Eaton Vance California Municipal Bond Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in EVM. Logan Stone Capital LLC lifted its stake in Eaton Vance California Municipal Bond Fund by 227.1% during the fourth quarter. Logan Stone Capital LLC now owns 293,135 shares of the investment management company’s stock worth $2,533,000 after purchasing an additional 203,512 shares during the last quarter. Robinson Capital Management LLC bought a new position in shares of Eaton Vance California Municipal Bond Fund in the 1st quarter valued at $969,000. Advisors Asset Management Inc. lifted its stake in shares of Eaton Vance California Municipal Bond Fund by 9.9% in the 1st quarter. Advisors Asset Management Inc. now owns 494,152 shares of the investment management company’s stock valued at $4,457,000 after acquiring an additional 44,334 shares during the last quarter. Baird Financial Group Inc. bought a new position in shares of Eaton Vance California Municipal Bond Fund in the 4th quarter valued at $289,000. Finally, Mariner LLC acquired a new stake in Eaton Vance California Municipal Bond Fund in the fourth quarter valued at $260,000.

Eaton Vance California Municipal Bond Fund Company Profile

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.