Private Advisor Group LLC Lowers Stock Position in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Private Advisor Group LLC decreased its position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 21.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 16,107 shares of the investment management company’s stock after selling 4,421 shares during the period. Private Advisor Group LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $207,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC increased its stake in Eaton Vance Floating-Rate Income Trust by 18.0% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 5,250 shares of the investment management company’s stock valued at $68,000 after purchasing an additional 800 shares in the last quarter. Union Bancaire Privee UBP SA purchased a new position in shares of Eaton Vance Floating-Rate Income Trust in the fourth quarter worth about $108,000. Horizon Kinetics Asset Management LLC acquired a new stake in Eaton Vance Floating-Rate Income Trust during the third quarter worth about $155,000. Landscape Capital Management L.L.C. acquired a new stake in Eaton Vance Floating-Rate Income Trust during the third quarter worth about $178,000. Finally, Bard Associates Inc. acquired a new stake in Eaton Vance Floating-Rate Income Trust during the third quarter worth about $196,000.

Eaton Vance Floating-Rate Income Trust Stock Performance

Shares of EFT stock opened at $13.02 on Friday. The firm’s 50 day moving average price is $13.22 and its 200-day moving average price is $13.17. Eaton Vance Floating-Rate Income Trust has a one year low of $12.62 and a one year high of $13.88.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.094 per share. This represents a $1.13 annualized dividend and a yield of 8.66%. The ex-dividend date is Friday, March 14th.

About Eaton Vance Floating-Rate Income Trust

Eaton Vance Floating-Rate Income Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It invests in fixed income securities operating across diversified sectors. The fund primarily invests in senior, secured floating rate loans.