Eaton Vance High Income Municipal ETF (NASDAQ:EVYM) Trading Up 0.4% – Time to Buy?

Eaton Vance High Income Municipal ETF (NASDAQ:EVYM)’s share price was up 0.4% during mid-day trading on Tuesday . The company traded as high as $50.14 and last traded at $50.14. Approximately 2,146 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 12,633 shares. The stock had previously closed at $49.96.

Eaton Vance High Income Municipal ETF Price Performance

The business’s 50-day simple moving average is $49.62 and its 200-day simple moving average is $48.69.

Eaton Vance High Income Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, November 6th. Investors of record on Friday, October 31st were issued a dividend of $0.2105 per share. The ex-dividend date was Friday, October 31st. This is a boost from Eaton Vance High Income Municipal ETF’s previous dividend of $0.20.

Eaton Vance High Income Municipal ETF Company Profile

The Eaton Vance High Income Municipal ETF (EVYM) is an exchange-traded fund that mostly invests in high yield fixed income. The fund actively invests in US municipal debt that are exempt from federal income tax, primarily having a below investment grade rating and maturities with ten or more years. Securities are selected based on issuers creditworthiness.