Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $9.05 and traded as high as $9.19. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.1650, with a volume of 408,903 shares changing hands.

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

The business’s 50 day simple moving average is $9.05 and its 200-day simple moving average is $8.73.

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

The firm also recently declared a monthly dividend, which will be paid on Friday, November 28th. Stockholders of record on Friday, November 14th will be paid a $0.0664 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a c) annualized dividend and a dividend yield of 8.7%.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Mather Group LLC. acquired a new stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 3rd quarter worth about $28,000. Pinnacle Bancorp Inc. purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter valued at approximately $30,000. Parkside Financial Bank & Trust acquired a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter worth approximately $39,000. US Bancorp DE grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 350.0% during the 3rd quarter. US Bancorp DE now owns 4,500 shares of the company’s stock worth $41,000 after purchasing an additional 3,500 shares in the last quarter. Finally, City Holding Co. purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the third quarter valued at $54,000.

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

Eaton Vance Tax-Managed Global 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 public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.