Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Stock Crosses Below 50 Day Moving Average of $17.85

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $17.85 and traded as low as $17.30. Eaton Vance Tax-Advantaged Global Dividend Income Fund shares last traded at $17.32, with a volume of 137,849 shares changing hands.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 0.5 %

The company has a 50-day simple moving average of $17.85 and a two-hundred day simple moving average of $17.00.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 23rd were issued a dividend of $0.129 per share. This represents a $1.55 annualized dividend and a dividend yield of 8.94%. This is a positive change from Eaton Vance Tax-Advantaged Global Dividend Income Fund’s previous monthly dividend of $0.10. The ex-dividend date was Monday, April 22nd.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several large investors have recently made changes to their positions in the business. 1607 Capital Partners LLC purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 4th quarter worth approximately $6,015,000. Cornerstone Advisors LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 81.9% in the 3rd quarter. Cornerstone Advisors LLC now owns 600,062 shares of the company’s stock worth $9,229,000 after acquiring an additional 270,113 shares during the last quarter. Karpus Management Inc. raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 23.5% in the 3rd quarter. Karpus Management Inc. now owns 1,269,768 shares of the company’s stock worth $19,529,000 after acquiring an additional 241,849 shares during the last quarter. Shaker Financial Services LLC raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 47.6% in the 3rd quarter. Shaker Financial Services LLC now owns 579,151 shares of the company’s stock worth $8,907,000 after acquiring an additional 186,823 shares during the last quarter. Finally, AQR Arbitrage LLC purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 3rd quarter worth approximately $2,628,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying value stocks of companies.