Rivernorth Capital Management LLC Sells 217,503 Shares of Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM)

Rivernorth Capital Management LLC trimmed its holdings in Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) by 32.1% in the 2nd quarter, Holdings Channel reports. The fund owned 459,351 shares of the investment management company’s stock after selling 217,503 shares during the quarter. Rivernorth Capital Management LLC’s holdings in Eaton Vance California Municipal Bond Fd were worth $5,067,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. LPL Financial LLC boosted its position in shares of Eaton Vance California Municipal Bond Fd by 6.7% in the second quarter. LPL Financial LLC now owns 15,547 shares of the investment management company’s stock valued at $171,000 after acquiring an additional 973 shares during the period. Steward Partners Investment Advisory LLC bought a new stake in shares of Eaton Vance California Municipal Bond Fd in the second quarter valued at approximately $25,000. Vivaldi Capital Management LLC boosted its position in shares of Eaton Vance California Municipal Bond Fd by 11.5% in the second quarter. Vivaldi Capital Management LLC now owns 32,461 shares of the investment management company’s stock valued at $358,000 after acquiring an additional 3,355 shares during the period. NEXT Financial Group Inc bought a new stake in shares of Eaton Vance California Municipal Bond Fd in the second quarter valued at approximately $70,000. Finally, First Foundation Advisors bought a new stake in shares of Eaton Vance California Municipal Bond Fd in the second quarter valued at approximately $148,000.

Shares of EVM traded down $0.04 during mid-day trading on Friday, hitting $11.32. The company’s stock had a trading volume of 476 shares, compared to its average volume of 61,494. Eaton Vance California Municipal Bond Fd has a one year low of $9.66 and a one year high of $11.70.



The firm also recently disclosed a — dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 23rd will be given a $0.0395 dividend. The ex-dividend date is Friday, September 20th. This represents a dividend yield of 4.1%.

Eaton Vance California Municipal Bond Fd Company Profile

Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.

Featured Story: Arbitrage

Want to see what other hedge funds are holding EVM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM).

Institutional Ownership by Quarter for Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM)

Receive News & Ratings for Eaton Vance California Municipal Bond Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance California Municipal Bond Fd and related companies with MarketBeat.com's FREE daily email newsletter.