Walleye Capital LLC Makes New Investment in Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

Walleye Capital LLC acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,407 shares of the investment management company’s stock, valued at approximately $276,000.

A number of other institutional investors have also recently added to or reduced their stakes in EFT. Northwestern Mutual Wealth Management Co. acquired a new position in Eaton Vance Floating-Rate Income Trust in the 2nd quarter worth $40,000. NBC Securities Inc. grew its position in shares of 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 buying an additional 2,350 shares during the last quarter. MeadowBrook Investment Advisors LLC grew its position in Eaton Vance Floating-Rate Income Trust by 18.0% in the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 5,250 shares of the investment management company’s stock worth $68,000 after purchasing an additional 800 shares during the last quarter. Comerica Bank grew its position in Eaton Vance Floating-Rate Income Trust by 87.4% in the 1st quarter. Comerica Bank now owns 7,139 shares of the investment management company’s stock worth $95,000 after purchasing an additional 3,330 shares during the last quarter. Finally, Horizon Kinetics Asset Management LLC bought a new position in shares of Eaton Vance Floating-Rate Income Trust in the third quarter valued at approximately $155,000.

Eaton Vance Floating-Rate Income Trust Trading Down 0.4 %

Eaton Vance Floating-Rate Income Trust stock opened at $13.44 on Wednesday. Eaton Vance Floating-Rate Income Trust has a 12-month low of $12.30 and a 12-month high of $13.88. The firm has a 50 day simple moving average of $13.18 and a 200-day simple moving average of $13.22.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a dividend of $0.103 per share. This represents a $1.24 annualized dividend and a yield of 9.20%. The ex-dividend date of this dividend is Monday, December 23rd.

Eaton Vance Floating-Rate Income Trust Profile

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.