Eaton Vance Tax-Managed Buy-Write Opportunities Fund Plans Monthly Dividend of $0.10 (NYSE:ETV)

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.0993 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Wednesday, July 15th.

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

Shares of ETV stock traded up $0.10 during trading hours on Thursday, reaching $14.98. 8,663 shares of the company’s stock were exchanged, compared to its average volume of 195,070. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a fifty-two week low of $13.13 and a fifty-two week high of $15.00. The stock’s 50 day moving average is $14.66 and its 200-day moving average is $14.45.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several large investors have recently added to or reduced their stakes in ETV. CoreCap Advisors LLC raised its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% in the fourth quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 1,000 shares during the last quarter. CENTRAL TRUST Co purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the fourth quarter valued at approximately $36,000. Axiom Investment Management LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the first quarter valued at approximately $50,000. Main Street Group LTD acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 1st quarter worth approximately $65,000. Finally, Olistico Wealth LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter worth approximately $92,000.

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.