Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Trading Up 0.7%

Eaton Vance New York Municipal Bond Fund (NYSE:ENX)’s stock price shot up 0.7% on Thursday . The company traded as high as $9.90 and last traded at $9.86. 14,627 shares changed hands during mid-day trading, The stock had previously closed at $9.79.

Eaton Vance New York Municipal Bond Fund Stock Performance

The company has a 50-day moving average of $9.74 and a two-hundred day moving average of $9.67.

Eaton Vance New York Municipal Bond Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 21st will be paid a dividend of $0.0394 per share. This represents a $0.47 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date is Friday, June 21st.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC lifted its holdings in shares of Eaton Vance New York Municipal Bond Fund by 5.2% in the 1st quarter. Tidal Investments LLC now owns 33,500 shares of the company’s stock valued at $325,000 after buying an additional 1,643 shares during the period. Blue Bell Private Wealth Management LLC boosted its holdings in shares of Eaton Vance New York Municipal Bond Fund by 53.5% during the 1st quarter. Blue Bell Private Wealth Management LLC now owns 6,907 shares of the company’s stock worth $67,000 after purchasing an additional 2,407 shares during the last quarter. PFG Investments LLC acquired a new position in Eaton Vance New York Municipal Bond Fund in the first quarter valued at approximately $181,000. Quarry LP lifted its holdings in Eaton Vance New York Municipal Bond Fund by 35.6% in the fourth quarter. Quarry LP now owns 39,600 shares of the company’s stock valued at $382,000 after acquiring an additional 10,400 shares during the last quarter. Finally, Bulldog Investors LLP lifted its stake in Eaton Vance New York Municipal Bond Fund by 36.0% during the fourth quarter. Bulldog Investors LLP now owns 577,363 shares of the company’s stock worth $5,572,000 after purchasing an additional 152,985 shares in the last quarter.

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.