Eaton Vance Pennsylvania Municipal Bond Fund
EIP was delisted on the 18th of January, 2019.
10 hedge funds and large institutions have $1.31M invested in Eaton Vance Pennsylvania Municipal Bond Fund in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
17% less funds holding
Funds holding: 12 → 10 (-2)
17% less capital invested
Capital invested by funds: $1.57M → $1.31M (-$263K)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$144K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$21K |
| 3 |
Morgan Stanley
New York
|
+$17.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.06K |
| 5 |
BKA
Brick & Kyle Associates
Newtown,
Pennsylvania
|
+$1.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$229K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$122K |
| 3 |
JCM
Jacobi Capital Management
Pittston,
Pennsylvania
|
-$24.6K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$10K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$7.59K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $285K | -$7.59K | -600 | -3% |
|
|
BKA
2
Brick & Kyle Associates
Newtown,
Pennsylvania
| $252K | +$1.76K | +139 | +0.7% |
|
|
TJHA
3
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| $142K | +$144K | +11,415 | New |
|
|
KIM
4
Karpus Investment Management
Pittsford,
New York
| $135K | – | – | – |
|
|
5
Wells Fargo
San Francisco,
California
| $107K | +$21K | +1,659 | +24% |
|
|
WAM
6
Wolverine Asset Management
Chicago,
Illinois
| $100K | -$122K | -9,631 | -54% |
|
|
JCM
7
Jacobi Capital Management
Pittston,
Pennsylvania
| $100K | -$24.6K | -1,945 | -20% |
|
|
8
Morgan Stanley
New York
| $81K | +$17.8K | +1,404 | +27% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $55K | -$229K | -18,102 | -80% |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | +$5.06K | +400 | +10% |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$10K | -765 | Closed |
|
|
NFG
12
Next Financial Group
Houston,
Texas
| – | -$6K | -500 | Closed |
|
EIP Hedge Fund Activity: Q4 2017 in Review
10 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Eaton Vance Pennsylvania Municipal Bond Fund (EIP) for Q4 2017, worth a combined $1.31M — down 17% from $1.57M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of EIP and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 4 added.
The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $144K. The largest seller was Bank of America, cutting an estimated $229K.
- 10 institutional investors held Eaton Vance Pennsylvania Municipal Bond Fund (EIP) as of Q4 2017, down from 12 in Q3 2017.
- Funds reported $1.31M of Eaton Vance Pennsylvania Municipal Bond Fund stock for Q4 2017, down 17% quarter-over-quarter.
- 1 fund opened new Eaton Vance Pennsylvania Municipal Bond Fund positions in Q4 2017 and 3 closed out, a net change of -2 holders.
- The largest Eaton Vance Pennsylvania Municipal Bond Fund buyer in Q4 2017 was Thomas J. Herzfeld Advisors, an estimated $144K added.
- The largest Eaton Vance Pennsylvania Municipal Bond Fund seller in Q4 2017 was Bank of America, an estimated $229K sold.
Based on aggregated 13F filings for Q4 2017.