Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Shares Cross Above Fifty Day Moving Average – What’s Next?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $14.23 and traded as high as $14.40. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.38, with a volume of 119,803 shares changing hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Performance

The stock’s 50 day simple moving average is $14.23 and its 200-day simple moving average is $13.84.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be given a dividend of $0.0993 per share. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Newbridge Financial Services Group Inc. acquired a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter valued at about $33,000. Oliver Lagore Vanvalin Investment Group purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at $40,000. US Bancorp DE acquired a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the first quarter valued at $41,000. Barrett & Company Inc. lifted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 44.0% during the 3rd quarter. Barrett & Company Inc. now owns 3,600 shares of the financial services provider’s stock worth $51,000 after buying an additional 1,100 shares during the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 2nd quarter worth about $62,000.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.