First Trust Advisors LP Decreases Stock Position in Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM)

First Trust Advisors LP trimmed its holdings in Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) by 40.9% during the third quarter, Holdings Channel.com reports. The fund owned 11,604 shares of the investment management company’s stock after selling 8,025 shares during the period. First Trust Advisors LP’s holdings in Eaton Vance California Municipal Bond Fd were worth $131,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Karpus Management Inc. raised its holdings in shares of Eaton Vance California Municipal Bond Fd by 0.7% in the third quarter. Karpus Management Inc. now owns 2,149,199 shares of the investment management company’s stock worth $24,350,000 after acquiring an additional 14,096 shares during the last quarter. Royal Bank of Canada increased its position in Eaton Vance California Municipal Bond Fd by 1.4% during the 2nd quarter. Royal Bank of Canada now owns 217,557 shares of the investment management company’s stock worth $2,400,000 after purchasing an additional 2,986 shares in the last quarter. Dakota Wealth Management increased its position in Eaton Vance California Municipal Bond Fd by 36.5% during the 2nd quarter. Dakota Wealth Management now owns 165,627 shares of the investment management company’s stock worth $1,828,000 after purchasing an additional 44,300 shares in the last quarter. Invesco Ltd. raised its stake in Eaton Vance California Municipal Bond Fd by 51.4% in the 2nd quarter. Invesco Ltd. now owns 48,585 shares of the investment management company’s stock valued at $536,000 after purchasing an additional 16,492 shares during the last quarter. Finally, Wedbush Securities Inc. raised its stake in Eaton Vance California Municipal Bond Fd by 6.5% in the 3rd quarter. Wedbush Securities Inc. now owns 44,759 shares of the investment management company’s stock valued at $507,000 after purchasing an additional 2,740 shares during the last quarter.

NYSEAMERICAN:EVM opened at $11.21 on Friday. Eaton Vance California Municipal Bond Fd has a 12-month low of $9.75 and a 12-month high of $11.70.

The company also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 24th will be issued a dividend of $0.0366 per share. The ex-dividend date is Monday, December 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 3.92%.

About Eaton Vance California Municipal Bond Fd

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.

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

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