Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Passes Below Fifty Day Moving Average of $8.04

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.04 and traded as low as $7.82. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $7.84, with a volume of 303,457 shares trading hands.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Trading Down 0.6 %

The company’s fifty day moving average is $8.04 and its two-hundred day moving average is $7.78.

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

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be given a $0.066 dividend. This is a boost from Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund’s previous monthly dividend of $0.06. This represents a $0.79 dividend on an annualized basis and a yield of 10.10%. The ex-dividend date of this dividend is Monday, April 22nd.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Spire Wealth Management purchased a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at about $387,000. NBC Securities Inc. purchased a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at about $38,000. Landscape Capital Management L.L.C. boosted its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 24.8% in the 3rd quarter. Landscape Capital Management L.L.C. now owns 115,601 shares of the company’s stock valued at $883,000 after buying an additional 22,992 shares during the last quarter. RiverFront Investment Group LLC purchased a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at about $142,000. Finally, Flputnam Investment Management Co. purchased a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at about $345,000.

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.