Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Trading Down 0.8%

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) traded down 0.8% during trading on Thursday . The stock traded as low as $9.45 and last traded at $9.45. 29,577 shares were traded during mid-day trading, The stock had previously closed at $9.53.

Eaton Vance New York Municipal Bond Fund Stock Down 0.8 %

The firm’s 50 day moving average is $9.61 and its 200 day moving average is $9.74.

Eaton Vance New York Municipal Bond Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be given a dividend of $0.0394 per share. This represents a $0.47 dividend on an annualized basis and a yield of 5.00%. The ex-dividend date of this dividend is Monday, April 22nd.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Cape Investment Advisory Inc. purchased a new position in Eaton Vance New York Municipal Bond Fund during the 4th quarter valued at $35,000. Blue Bell Private Wealth Management LLC bought a new stake in shares of Eaton Vance New York Municipal Bond Fund during the 4th quarter valued at $43,000. Fort Point Capital Partners LLC bought a new stake in shares of Eaton Vance New York Municipal Bond Fund during the 3rd quarter valued at $109,000. Thomas J. Herzfeld Advisors Inc. boosted its holdings in shares of Eaton Vance New York Municipal Bond Fund by 16.9% during the 3rd quarter. Thomas J. Herzfeld Advisors Inc. now owns 13,616 shares of the company’s stock valued at $113,000 after buying an additional 1,973 shares in the last quarter. Finally, PFG Investments LLC bought a new stake in shares of Eaton Vance New York Municipal Bond Fund during the 1st quarter valued at $181,000.

About Eaton Vance New York Municipal Bond Fund

Eaton Vance New York 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.