Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) Shares Pass Above 50-Day Moving Average of $0.00

Shares of Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.00 and traded as high as $9.16. Eaton Vance California Municipal Bond Fund shares last traded at $9.16, with a volume of 41,936 shares traded.

Eaton Vance California Municipal Bond Fund Stock Up 0.5 %

Institutional Investors Weigh In On Eaton Vance California Municipal Bond Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Rivernorth Capital Management LLC increased its stake in shares of Eaton Vance California Municipal Bond Fund by 18.4% in the 2nd quarter. Rivernorth Capital Management LLC now owns 58,681 shares of the investment management company’s stock valued at $522,000 after buying an additional 9,113 shares during the period. Stifel Financial Corp grew its stake in shares of Eaton Vance California Municipal Bond Fund by 30.8% during the second quarter. Stifel Financial Corp now owns 125,501 shares of the investment management company’s stock worth $1,117,000 after purchasing an additional 29,525 shares during the period. Baird Financial Group Inc. grew its stake in shares of Eaton Vance California Municipal Bond Fund by 10.8% during the second quarter. Baird Financial Group Inc. now owns 37,664 shares of the investment management company’s stock worth $335,000 after purchasing an additional 3,656 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Eaton Vance California Municipal Bond Fund by 21.9% during the first quarter. Ameriprise Financial Inc. now owns 55,247 shares of the investment management company’s stock worth $498,000 after purchasing an additional 9,910 shares during the period. Finally, Susquehanna International Group LLP acquired a new stake in shares of Eaton Vance California Municipal Bond Fund during the first quarter worth $146,000.

Eaton Vance California Municipal Bond Fund Company Profile

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.