RMB Capital Management LLC Sells 10,310 Shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

RMB Capital Management LLC lessened its position in shares of Eaton Vance Floating-Rate Income Trust (NYSE:EFT) by 5.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 170,080 shares of the investment management company’s stock after selling 10,310 shares during the period. RMB Capital Management LLC’s holdings in Eaton Vance Floating-Rate Income Trust were worth $2,293,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Virtus ETF Advisers LLC bought a new stake in Eaton Vance Floating-Rate Income Trust in the second quarter valued at $2,383,000. Beach Point Capital Management LP increased its stake in Eaton Vance Floating-Rate Income Trust by 342.0% in the second quarter. Beach Point Capital Management LP now owns 167,168 shares of the investment management company’s stock valued at $2,253,000 after purchasing an additional 129,348 shares in the last quarter. Robinson Capital Management LLC increased its stake in Eaton Vance Floating-Rate Income Trust by 150.4% in the second quarter. Robinson Capital Management LLC now owns 79,923 shares of the investment management company’s stock valued at $1,077,000 after purchasing an additional 48,000 shares in the last quarter. Arlington Capital Management Inc. bought a new stake in Eaton Vance Floating-Rate Income Trust in the first quarter valued at $519,000. Finally, Shaker Financial Services LLC increased its stake in Eaton Vance Floating-Rate Income Trust by 167.5% in the second quarter. Shaker Financial Services LLC now owns 54,332 shares of the investment management company’s stock valued at $732,000 after purchasing an additional 34,022 shares in the last quarter.

EFT traded up $0.04 during midday trading on Monday, hitting $13.28. The company had a trading volume of 2,593 shares, compared to its average volume of 116,838. Eaton Vance Floating-Rate Income Trust has a 52 week low of $12.29 and a 52 week high of $14.83. The stock’s 50 day moving average price is $13.25 and its 200 day moving average price is $13.46.

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 23rd will be paid a $0.077 dividend. This represents a $0.92 annualized dividend and a yield of 6.96%. The ex-dividend date of this dividend is Friday, September 20th.

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.

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Institutional Ownership by Quarter for Eaton Vance Floating-Rate Income Trust (NYSE:EFT)

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