Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Shares Acquired by Private Advisor Group LLC

Private Advisor Group LLC raised its holdings in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 17.1% in the third quarter, Holdings Channel.com reports. The firm owned 20,528 shares of the investment management company’s stock after buying an additional 3,000 shares during the period. Private Advisor Group LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $264,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Eaton Vance Floating-Rate Income Trust during the 2nd quarter valued at approximately $40,000. NBC Securities Inc. boosted its stake in Eaton Vance Floating-Rate Income Trust by 106.8% during the 3rd quarter. NBC Securities Inc. now owns 4,550 shares of the investment management company’s stock valued at $58,000 after acquiring an additional 2,350 shares during the last quarter. Comerica Bank boosted its stake in Eaton Vance Floating-Rate Income Trust by 87.4% during the 1st quarter. Comerica Bank now owns 7,139 shares of the investment management company’s stock valued at $95,000 after acquiring an additional 3,330 shares during the last quarter. Choreo LLC acquired a new position in Eaton Vance Floating-Rate Income Trust during the 2nd quarter worth $411,000. Finally, Commonwealth Equity Services LLC increased its position in shares of Eaton Vance Floating-Rate Income Trust by 297.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 51,132 shares of the investment management company’s stock worth $686,000 after purchasing an additional 38,282 shares during the last quarter.

Eaton Vance Floating-Rate Income Trust Stock Up 0.8 %

Shares of EFT stock opened at $13.23 on Friday. Eaton Vance Floating-Rate Income Trust has a one year low of $11.94 and a one year high of $13.88. The company’s 50-day simple moving average is $13.00 and its 200-day simple moving average is $13.24.

Eaton Vance Floating-Rate Income Trust Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be issued a dividend of $0.103 per share. This represents a $1.24 dividend on an annualized basis and a yield of 9.34%. The ex-dividend date is Thursday, November 21st.

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.