Insider Selling: Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) Major Shareholder Sells 1,800 Shares of Stock

Eaton Vance Senior Floating-Rate Trust (NYSE:EFR) major shareholder Of America Corp /De/ Bank sold 1,800 shares of the stock in a transaction that occurred on Thursday, October 10th. The stock was sold at an average price of $12.81, for a total transaction of $23,058.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Of America Corp /De/ Bank also recently made the following trade(s):

• On Tuesday, October 15th, Of America Corp /De/ Bank bought 1,800 shares of Eaton Vance Senior Floating-Rate Trust stock. The shares were bought at an average cost of $12.71 per share, for a total transaction of $22,878.00.

Eaton Vance Senior Floating-Rate Trust Stock Up 1.0 %

Shares of Eaton Vance Senior Floating-Rate Trust stock opened at $12.93 on Friday. The company has a 50 day moving average of $12.88 and a 200-day moving average of $12.90. Eaton Vance Senior Floating-Rate Trust has a 1-year low of $12.32 and a 1-year high of $13.40.

Eaton Vance Senior Floating-Rate Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be paid a $0.102 dividend. This represents a $1.22 annualized dividend and a yield of 9.47%. The ex-dividend date is Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. National Bank of Canada FI lifted its stake in shares of 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 valued at $45,000 after acquiring an additional 800 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in Eaton Vance Senior Floating-Rate Trust by 4.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 26,795 shares of the company’s stock worth $342,000 after purchasing an additional 1,072 shares in the last quarter. Prospera Financial Services Inc increased its holdings in Eaton Vance Senior Floating-Rate Trust by 8.0% in the 3rd 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. Garner Asset Management Corp raised its position in Eaton Vance Senior Floating-Rate Trust by 1.6% in the second quarter. Garner Asset Management Corp now owns 69,398 shares of the company’s stock valued at $908,000 after purchasing an additional 1,096 shares during the last quarter. Finally, Financial Advocates Investment Management boosted its stake in shares of Eaton Vance Senior Floating-Rate Trust by 1.3% during the second quarter. Financial Advocates Investment Management now owns 96,914 shares of the company’s stock valued at $1,268,000 after purchasing an additional 1,225 shares in the last quarter.

About Eaton Vance Senior Floating-Rate Trust

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.