Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY – Get Free Report) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 11,581 shares, a decrease of 65.7% from the July 15th total of 33,724 shares. Based on an average daily volume of 248,710 shares, the days-to-cover ratio is presently 0.0 days.
Hedge Funds Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund
A number of hedge funds have recently modified their holdings of the stock. CWM LLC boosted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 64.5% during the fourth quarter. CWM LLC now owns 1,783 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 699 shares during the last quarter. Vermillion Wealth Management Inc. raised its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 101.5% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,805 shares of the investment management company’s stock worth $28,000 after purchasing an additional 909 shares in the last quarter. Arax Advisory Partners purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 4th quarter worth about $39,000. JPMorgan Chase & Co. lifted its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 32.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,949 shares of the investment management company’s stock valued at $63,000 after buying an additional 962 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 1st quarter valued at about $69,000.
Eaton Vance Tax-Managed Diversified Equity Income Fund Stock Performance
ETY traded down $0.21 on Friday, reaching $14.61. 193,355 shares of the company traded hands, compared to its average volume of 261,138. The stock’s 50 day moving average price is $14.45 and its 200-day moving average price is $14.56. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 52-week low of $13.12 and a 52-week high of $16.03.
Eaton Vance Tax-Managed Diversified Equity Income Fund Announces Dividend
About Eaton Vance Tax-Managed Diversified Equity Income Fund
The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.
ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.
Featured Stories
- Five stocks we like better than Eaton Vance Tax-Managed Diversified Equity Income Fund
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Receive News & Ratings for Eaton Vance Tax-Managed Diversified Equity Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax-Managed Diversified Equity Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
