Shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $9.42 and traded as high as $9.54. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.5010, with a volume of 216,833 shares trading hands.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Up 1.2%
The company’s fifty day moving average is $9.58 and its 200 day moving average is $9.42.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Increases Dividend
The business also recently declared a monthly dividend, which will be paid on Monday, November 30th. Stockholders of record on Monday, November 16th will be issued a $0.0748 dividend. The ex-dividend date of this dividend is Monday, November 16th. This is an increase from Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund’s previous monthly dividend of $0.0664. This represents a $0.90 dividend on an annualized basis and a dividend yield of 9.4%.
Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
Hedge funds have recently made changes to their positions in the stock. Genesis Financial Group LLC lifted its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.7% in the first quarter. Genesis Financial Group LLC now owns 44,542 shares of the company’s stock worth $391,000 after buying an additional 1,161 shares in the last quarter. Arlington Capital Management INC grew its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 3.8% during the third quarter. Arlington Capital Management INC now owns 32,405 shares of the company’s stock valued at $308,000 after acquiring an additional 1,175 shares in the last quarter. CoreCap Advisors LLC grew its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 44.4% during the third quarter. CoreCap Advisors LLC now owns 4,550 shares of the company’s stock valued at $43,000 after acquiring an additional 1,400 shares in the last quarter. Roman Butler Fullerton & Co. grew its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.9% during the first quarter. Roman Butler Fullerton & Co. now owns 214,889 shares of the company’s stock valued at $1,962,000 after acquiring an additional 1,985 shares in the last quarter. Finally, Integrated Capital Management Inc. increased its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.5% during the 3rd quarter. Integrated Capital Management Inc. now owns 41,972 shares of the company’s stock worth $399,000 after acquiring an additional 2,572 shares during the period.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Company Profile
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end investment company that seeks to provide current income and gains while managing the tax characteristics of its distributions. The fund is managed by Eaton Vance Management and invests primarily in a diversified portfolio of global equity securities.
To pursue its objectives, ETW uses a buy-write strategy, also known as a covered-call strategy. The fund generally writes call options on some of the stocks in its portfolio or on equity indexes, seeking to generate option premiums and supplement potential dividend income.
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