Eaton Vance Short Duration Municipal Income ETF·Financial Services

Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM - Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 35,705 shares, an increase of 112.7% from the December 31st total of 16,787 shares. Based on an average daily

Arkadios Wealth Advisors purchased a new stake in Eaton Vance Short Duration Municipal Income ETF (NYSEARCA:EVSM) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 55,201 shares of the company's stock, valued at approximately $2,784,000. Arkadios Wealth Advisors owned approximately 0.55%
EVSM is actively managed to invest in tax-exempt municipal securities. The fund will normally invest in municipal obligations rated investment grade, and will aim to maintain a dollar-weighted average portfolio duration of less than three years, but may invest in individual securities of any maturity. In selecting securities, the adviser primarily looks at the issuers creditworthiness and the relative value of the obligation in the market. ESG factors are also considered. As an actively managed fund, the fund may periodically allocate some funds to those subject to regular federal income tax and junk bonds.
Financial Services
Asset Management
2024-03-26
0.24