Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1646 per share by the closed-end fund on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Wednesday, July 15th.
Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance
EVT stock opened at $27.52 on Monday. The company’s 50-day simple moving average is $26.80 and its 200 day simple moving average is $25.94. Eaton Vance Tax-Advantaged Dividend Income Fund has a 52 week low of $23.00 and a 52 week high of $27.96.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Sanctuary Advisors LLC increased its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 0.5% during the first quarter. Sanctuary Advisors LLC now owns 85,429 shares of the closed-end fund’s stock worth $2,097,000 after purchasing an additional 435 shares during the period. Founders Financial Alliance LLC boosted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 1.6% in the fourth quarter. Founders Financial Alliance LLC now owns 36,242 shares of the closed-end fund’s stock valued at $913,000 after buying an additional 575 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 12,146 shares of the closed-end fund’s stock valued at $297,000 after buying an additional 579 shares during the period. 1776 Wealth LLC grew its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 0.8% during the fourth quarter. 1776 Wealth LLC now owns 76,286 shares of the closed-end fund’s stock worth $1,921,000 after buying an additional 636 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 7.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 11,349 shares of the closed-end fund’s stock worth $286,000 after buying an additional 794 shares in the last quarter.
About Eaton Vance Tax-Advantaged Dividend Income Fund
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) is a closed-end management investment company that seeks to provide shareholders with a high level of tax-advantaged income and the potential for capital appreciation. The fund pursues its investment objective by primarily acquiring dividend-paying equity securities of U.S. and foreign companies, with a focus on businesses that have demonstrated a track record of consistent cash distributions. EVT may also invest in American depositary receipts and other securities that offer favorable tax treatment for U.S.
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