Eaton Vance Floating-Rate Income Trust (NYSE:EFT) Shares Sold by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. reduced its position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 9.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 112,930 shares of the investment management company’s stock after selling 12,444 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Eaton Vance Floating-Rate Income Trust were worth $1,449,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. MeadowBrook Investment Advisors LLC increased its holdings in shares of Eaton Vance Floating-Rate Income Trust by 18.0% during the 3rd quarter. MeadowBrook Investment Advisors LLC now owns 5,250 shares of the investment management company’s stock worth $68,000 after buying an additional 800 shares during the last quarter. NBC Securities Inc. boosted its stake in Eaton Vance Floating-Rate Income Trust by 106.8% during the third quarter. NBC Securities Inc. now owns 4,550 shares of the investment management company’s stock worth $58,000 after buying an additional 2,350 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Eaton Vance Floating-Rate Income Trust during the second quarter valued at about $40,000. Private Advisor Group LLC raised its stake in shares of Eaton Vance Floating-Rate Income Trust by 17.1% in the 3rd quarter. Private Advisor Group LLC now owns 20,528 shares of the investment management company’s stock valued at $264,000 after acquiring an additional 3,000 shares during the period. Finally, Horizon Kinetics Asset Management LLC acquired a new position in shares of Eaton Vance Floating-Rate Income Trust in the 3rd quarter worth approximately $155,000.

Eaton Vance Floating-Rate Income Trust Stock Up 0.3 %

NYSE:EFT opened at $13.18 on Friday. Eaton Vance Floating-Rate Income Trust has a fifty-two week low of $12.59 and a fifty-two week high of $13.88. The company has a 50 day moving average price of $13.28 and a 200 day moving average price of $13.18.

Eaton Vance Floating-Rate Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, December 30th were paid a $0.103 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 9.38%.

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.