Eaton Vance Pennsylvania Municipal Bond Fund
EIP was delisted on the 18th of January, 2019.
11 hedge funds and large institutions have $1.1M invested in Eaton Vance Pennsylvania Municipal Bond Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 3 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
10% more funds holding
Funds holding: 10 → 11 (+1)
6% less capital invested
Capital invested by funds: $1.17M → $1.1M (-$75K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BKA
Brick & Kyle Associates
Newtown,
Pennsylvania
|
+$90.2K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$25.9K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
+$13.6K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$12.7K |
| 5 |
KFA
Kelleher Financial Advisors
New York
|
+$12.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$136K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$71K |
| 3 |
Morgan Stanley
New York
|
-$69.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $364K | +$12.7K | +935 | +4% |
|
2
LPL Financial
San Diego,
California
| $212K | +$544 | +40 | +0.3% |
|
|
3
Bank of America
Charlotte,
North Carolina
| $146K | +$25.9K | +1,905 | +23% |
|
4
Wells Fargo
San Francisco,
California
| $98K | +$27 | +2 | +0% |
|
|
BKA
5
Brick & Kyle Associates
Newtown,
Pennsylvania
| $94K | +$90.2K | +6,640 | New |
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $90K | – | – | – |
|
|
7
Morgan Stanley
New York
| $34K | -$69.5K | -5,118 | -68% |
|
|
MFS
8
MSI Financial Services
Springfield,
Massachusetts
| $25K | +$4.53K | +333 | +23% |
|
|
NFG
9
Next Financial Group
Houston,
Texas
| $14K | +$13.6K | +1,000 | New |
|
|
KFA
10
Kelleher Financial Advisors
New York
| $12K | +$12.2K | +900 | New |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $10K | +$9.51K | +700 | New |
|
|
KIM
12
Karpus Investment Management
Pittsford,
New York
| – | -$136K | -10,300 | Closed |
|
|
WAM
13
Wolverine Asset Management
Chicago,
Illinois
| – | -$71K | -5,425 | Closed |
|
|
14
UBS Group
Zurich,
Switzerland
| – | -$36K | -2,701 | Closed |
|
EIP Hedge Fund Activity: Q1 2016 in Review
11 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Pennsylvania Municipal Bond Fund (EIP) for Q1 2016, worth a combined $1.1M — down 6.4% from $1.17M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new EIP positions and 3 closed out — a net gain of 1 holder — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Brick & Kyle Associates, opening a new position worth an estimated $90.2K. The largest seller was Karpus Investment Management, exiting entirely with an estimated $136K sold.
- 11 institutional investors held Eaton Vance Pennsylvania Municipal Bond Fund (EIP) as of Q1 2016, up from 10 in Q4 2015.
- Funds reported $1.1M of Eaton Vance Pennsylvania Municipal Bond Fund stock for Q1 2016, down 6.4% quarter-over-quarter.
- 4 funds opened new Eaton Vance Pennsylvania Municipal Bond Fund positions in Q1 2016 and 3 closed out, a net change of +1 holder.
- The largest Eaton Vance Pennsylvania Municipal Bond Fund buyer in Q1 2016 was Brick & Kyle Associates, an estimated $90.2K added.
- The largest Eaton Vance Pennsylvania Municipal Bond Fund seller in Q1 2016 was Karpus Investment Management, an estimated $136K sold.
Based on aggregated 13F filings for Q1 2016.