Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. cut its stake in Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) by 4.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 19,729 shares of the company’s stock after selling 1,013 shares during the period. Stratos Wealth Partners LTD.’s holdings in Eaton Vance Senior Floating-Rate Trust were worth $253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in EFR. National Bank of Canada FI grew its holdings in Eaton Vance Senior Floating-Rate Trust by 29.4% in the 3rd quarter. National Bank of Canada FI now owns 3,519 shares of the company’s stock worth $45,000 after buying an additional 800 shares in the last quarter. Oppenheimer & Co. Inc. increased its stake in shares of Eaton Vance Senior Floating-Rate Trust by 4.2% during the third quarter. Oppenheimer & Co. Inc. now owns 26,795 shares of the company’s stock valued at $342,000 after acquiring an additional 1,072 shares during the period. Prospera Financial Services Inc raised its holdings in Eaton Vance Senior Floating-Rate Trust by 8.0% during the third quarter. Prospera Financial Services Inc now owns 14,851 shares of the company’s stock worth $189,000 after purchasing an additional 1,095 shares in the last quarter. Fortitude Advisory Group L.L.C. lifted its position in Eaton Vance Senior Floating-Rate Trust by 13.5% in the fourth quarter. Fortitude Advisory Group L.L.C. now owns 18,498 shares of the company’s stock worth $237,000 after purchasing an additional 2,199 shares during the period. Finally, Verity Asset Management Inc. lifted its holdings in shares of Eaton Vance Senior Floating-Rate Trust by 2.7% in the third quarter. Verity Asset Management Inc. now owns 112,926 shares of the company’s stock valued at $1,440,000 after buying an additional 2,965 shares during the period.

Eaton Vance Senior Floating-Rate Trust Price Performance

Shares of EFR stock opened at $13.09 on Friday. The stock has a 50-day simple moving average of $13.01 and a 200 day simple moving average of $12.86. Eaton Vance Senior Floating-Rate Trust has a fifty-two week low of $12.32 and a fifty-two week high of $13.40.

Eaton Vance Senior Floating-Rate Trust Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.091 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.09 annualized dividend and a dividend yield of 8.34%.

Eaton Vance Senior Floating-Rate Trust Profile

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.