Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Stock Passes Above 50 Day Moving Average of $12.89

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.89 and traded as high as $13.41. Eaton Vance Tax-Managed Diversified Equity Income Fund shares last traded at $13.41, with a volume of 190,894 shares.

Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance

The company’s 50-day moving average price is $12.89 and its two-hundred day moving average price is $12.10.

Eaton Vance Tax-Managed Diversified Equity Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, March 28th. Stockholders of record on Thursday, March 21st will be given a $0.0805 dividend. This represents a $0.97 annualized dividend and a dividend yield of 7.20%. The ex-dividend date of this dividend is Wednesday, March 20th.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Diversified Equity Income Fund

A number of institutional investors have recently modified their holdings of ETY. Captrust Financial Advisors bought a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 2nd quarter valued at about $26,000. Koesten Hirschmann & Crabtree INC. bought a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 3rd quarter valued at about $27,000. Stonebridge Capital Advisors LLC bought a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 3rd quarter valued at about $33,000. Global Retirement Partners LLC grew its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 127.6% during the 4th quarter. Global Retirement Partners LLC now owns 2,836 shares of the investment management company’s stock valued at $34,000 after buying an additional 1,590 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 3,031.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 3,006 shares of the investment management company’s stock valued at $35,000 after buying an additional 2,910 shares during the last quarter.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Diversified Equity 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 stocks of companies.