Insider Buying: Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Major Shareholder Buys $22,878.00 in Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Of America Corp /De/ Bank acquired 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock in a transaction on Tuesday, October 15th. The shares were bought at an average cost of $12.71 per share, with a total value of $22,878.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

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

• On Thursday, October 10th, Of America Corp /De/ Bank sold 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The shares were sold at an average price of $12.81, for a total value of $23,058.00.

Eaton Vance Senior Floating-Rate Trust Stock Up 1.0 %

Shares of NYSE EFR opened at $12.93 on Monday. The stock has a fifty day moving average price of $12.88 and a 200 day moving average price of $12.90. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $12.32 and a 1-year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Beaird Harris Wealth Management LLC acquired a new position in Eaton Vance Senior Floating-Rate Trust during the 3rd quarter worth approximately $296,000. Orion Portfolio Solutions LLC acquired a new position in Eaton Vance Senior Floating-Rate Trust during the third quarter worth $154,000. National Bank of Canada FI raised its position in Eaton Vance Senior Floating-Rate Trust by 29.4% in the third quarter. National Bank of Canada FI now owns 3,519 shares of the company’s stock worth $45,000 after acquiring an additional 800 shares in the last quarter. Stifel Financial Corp lifted its holdings in Eaton Vance Senior Floating-Rate Trust by 25.3% in the third quarter. Stifel Financial Corp now owns 14,721 shares of the company’s stock valued at $188,000 after acquiring an additional 2,968 shares during the period. Finally, Horizon Kinetics Asset Management LLC boosted its position in shares of Eaton Vance Senior Floating-Rate Trust by 39.0% during the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 27,801 shares of the company’s stock worth $354,000 after purchasing an additional 7,800 shares in the last quarter.

Eaton Vance Senior Floating-Rate Trust Company Profile

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.