Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Stock Price Down 0.2%

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) dropped 0.2% on Thursday . The company traded as low as $12.80 and last traded at $12.82, approximately 3,091 shares changed hands during trading. A decline of 98% from the average daily volume of 201,337 shares. The stock had previously closed at $12.84.

The company also recently announced a — dividend, which was paid on Monday, September 30th. Stockholders of record on Monday, September 23rd were paid a dividend of $0.0429 per share. The ex-dividend date was Friday, September 20th. This represents a dividend yield of 4%.

Hedge funds and other institutional investors have recently made changes to their positions in the company. North Star Investment Management Corp. bought a new position in Eaton Vance Municipal Bond Fund during the 3rd quarter worth $37,000. HM Payson & Co. bought a new position in Eaton Vance Municipal Bond Fund during the 2nd quarter worth $52,000. FTB Advisors Inc. bought a new position in Eaton Vance Municipal Bond Fund during the 2nd quarter worth $107,000. Bronfman E.L. Rothschild L.P. bought a new position in Eaton Vance Municipal Bond Fund during the 2nd quarter worth $148,000. Finally, Coastal Investment Advisors Inc. bought a new position in Eaton Vance Municipal Bond Fund during the 2nd quarter worth $155,000.

About Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM)

Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.

See Also: Arbitrage

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