Insider Selling: Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Major Shareholder Sells 1,800 Shares of Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFRGet Free Report) major shareholder Of America Corp /De/ Bank sold 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock in a transaction that occurred on Thursday, October 10th. The shares were sold at an average price of $12.81, for a total transaction of $23,058.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Major shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.

Of America Corp /De/ Bank also recently made the following trade(s):

  • On Tuesday, October 15th, Of America Corp /De/ Bank acquired 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The shares were bought at an average price of $12.71 per share, with a total value of $22,878.00.

Eaton Vance Senior Floating-Rate Trust Stock Up 1.0 %

Eaton Vance Senior Floating-Rate Trust stock traded up $0.13 during midday trading on Friday, hitting $12.93. 71,748 shares of the company were exchanged, compared to its average volume of 86,696. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $12.32 and a fifty-two week high of $13.40. The business has a fifty day simple moving average of $12.88 and a two-hundred day simple moving average of $12.90.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be given a dividend of $0.102 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.22 annualized dividend and a yield of 9.47%.

Institutional Investors Weigh In On Eaton Vance Senior Floating-Rate Trust

Several hedge funds have recently modified their holdings of EFR. Cambridge Investment Research Advisors Inc. raised its position in Eaton Vance Senior Floating-Rate Trust by 93.7% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 526,315 shares of the company’s stock worth $6,884,000 after acquiring an additional 254,596 shares during the period. Advisors Asset Management Inc. grew its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 19.8% in the third quarter. Advisors Asset Management Inc. now owns 363,579 shares of the company’s stock valued at $4,636,000 after purchasing an additional 60,003 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Eaton Vance Senior Floating-Rate Trust by 13.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 120,652 shares of the company’s stock worth $1,578,000 after purchasing an additional 14,363 shares during the last quarter. Verity Asset Management Inc. boosted its holdings in Eaton Vance Senior Floating-Rate Trust by 2.7% in the 3rd quarter. Verity Asset Management Inc. now owns 112,926 shares of the company’s stock valued at $1,440,000 after purchasing an additional 2,965 shares during the last quarter. Finally, Financial Advocates Investment Management grew its stake in shares of Eaton Vance Senior Floating-Rate Trust by 1.3% in the 2nd quarter. Financial Advocates Investment Management now owns 96,914 shares of the company’s stock valued at $1,268,000 after buying an additional 1,225 shares during the period.

Eaton Vance Senior Floating-Rate Trust Company Profile

(Get Free Report)

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.

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