Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Stock Price Up 0.7% – What’s Next?

Shares of Eaton Vance New York Municipal Bond Fund (NYSE:ENX) shot up 0.7% during mid-day trading on Thursday . The stock traded as high as $9.83 and last traded at $9.82. 39,984 shares traded hands during mid-day trading, The stock had previously closed at $9.75.

Eaton Vance New York Municipal Bond Fund Trading Up 0.7 %

The stock has a fifty day moving average of $9.92 and a 200 day moving average of $9.92.

Eaton Vance New York Municipal Bond Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 23rd will be issued a $0.0417 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.10%. The ex-dividend date of this dividend is Wednesday, October 23rd.

Hedge Funds Weigh In On Eaton Vance New York Municipal Bond Fund

Institutional investors have recently added to or reduced their stakes in the stock. Quarry LP raised its position 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 worth $382,000 after acquiring an additional 10,400 shares during the period. Herold Advisors Inc. increased its stake in shares of Eaton Vance New York Municipal Bond Fund by 14.9% during the 2nd quarter. Herold Advisors Inc. now owns 15,818 shares of the company’s stock worth $156,000 after purchasing an additional 2,053 shares during the last quarter. Finally, Tidal Investments LLC raised 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 worth $325,000 after purchasing an additional 1,643 shares during the period.

Eaton Vance New York Municipal Bond Fund Company Profile

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.