Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY – Get Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 41,336 shares, a growth of 256.9% from the July 30th total of 11,581 shares. Based on an average trading volume of 295,214 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of Eaton Vance Tax-Managed Diversified Equity Income Fund
Several hedge funds have recently made changes to their positions in ETY. CWM LLC grew its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 64.5% in the fourth quarter. CWM LLC now owns 1,783 shares of the investment management company’s stock worth $27,000 after acquiring an additional 699 shares in the last quarter. Vermillion Wealth Management Inc. raised its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 101.5% during the fourth quarter. Vermillion Wealth Management Inc. now owns 1,805 shares of the investment management company’s stock valued at $28,000 after purchasing an additional 909 shares during the period. Arax Advisory Partners purchased a new stake in Eaton Vance Tax-Managed Diversified Equity Income Fund during the fourth quarter valued at approximately $39,000. JPMorgan Chase & Co. lifted its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 32.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,949 shares of the investment management company’s stock valued at $63,000 after purchasing an additional 962 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund in the 1st quarter valued at approximately $69,000.
Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance
ETY stock opened at $14.58 on Friday. The firm has a fifty day moving average price of $14.44 and a 200 day moving average price of $14.51. Eaton Vance Tax-Managed Diversified Equity Income Fund has a fifty-two week low of $13.12 and a fifty-two week high of $16.03.
Eaton Vance Tax-Managed Diversified Equity Income Fund Announces Dividend
Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile
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.
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