Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Crosses Above 50-Day Moving Average – What’s Next?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $14.64 and traded as high as $14.65. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.5570, with a volume of 140,300 shares trading hands.

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

The firm has a 50-day moving average of $14.64 and a 200 day moving average of $14.44.

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

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given a dividend of $0.0993 per share. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Monday, June 15th.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Large investors have recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 181.9% in the first quarter. Cetera Investment Advisers now owns 340,066 shares of the financial services provider’s stock valued at $4,649,000 after acquiring an additional 219,413 shares during the period. Wolverine Asset Management LLC raised its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 169.3% during the fourth quarter. Wolverine Asset Management LLC now owns 333,559 shares of the financial services provider’s stock worth $4,790,000 after purchasing an additional 209,679 shares during the period. Readystate Asset Management LP lifted its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 386.4% during the 4th quarter. Readystate Asset Management LP now owns 229,639 shares of the financial services provider’s stock valued at $3,298,000 after purchasing an additional 182,423 shares in the last quarter. Emissary Wealth LLC acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter valued at approximately $2,418,000. Finally, PMG Family Office LLC acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 3rd quarter valued at approximately $1,494,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.