Independent Wealth Network Inc. Has $488,000 Holdings in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)

Independent Wealth Network Inc. cut its stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 12.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 41,502 shares of the company’s stock after selling 5,689 shares during the period. Independent Wealth Network Inc.’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors bought a new stake in Eaton Vance Senior Floating-Rate Trust during the 2nd quarter worth about $61,000. Jones Road Capital Management L.P. bought a new stake in Eaton Vance Senior Floating-Rate Trust during the 1st quarter worth about $107,000. Baird Financial Group Inc. bought a new stake in Eaton Vance Senior Floating-Rate Trust during the 4th quarter worth about $113,000. HRT Financial LP bought a new stake in Eaton Vance Senior Floating-Rate Trust during the 1st quarter worth about $116,000. Finally, Blue Bell Private Wealth Management LLC bought a new stake in Eaton Vance Senior Floating-Rate Trust during the 1st quarter worth about $130,000.

Eaton Vance Senior Floating-Rate Trust Stock Up 0.3 %

Shares of EFR stock traded up $0.04 on Tuesday, reaching $12.15. The stock had a trading volume of 17,370 shares, compared to its average volume of 67,368. The firm’s 50-day moving average is $12.04 and its two-hundred day moving average is $11.64. Eaton Vance Senior Floating-Rate Trust has a 12 month low of $10.76 and a 12 month high of $12.26.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, September 29th. Stockholders of record on Friday, September 22nd will be issued a $0.109 dividend. The ex-dividend date is Thursday, September 21st. This represents a $1.31 dividend on an annualized basis and a dividend yield of 10.77%.

About Eaton Vance Senior Floating-Rate Trust

Eaton Vance Senior Floating-Rate Trust is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating rate loans. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index.