Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETBGet Free Report) saw a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 146,300 shares, a growth of 86.1% from the December 15th total of 78,600 shares. Based on an average daily trading volume, of 53,800 shares, the days-to-cover ratio is presently 2.7 days.

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

Hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. grew its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 491.7% during the third quarter. JPMorgan Chase & Co. now owns 5,420 shares of the financial services provider’s stock worth $78,000 after buying an additional 4,504 shares in the last quarter. Park Avenue Securities LLC grew its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 3.4% during the 4th quarter. Park Avenue Securities LLC now owns 83,216 shares of the financial services provider’s stock worth $1,248,000 after acquiring an additional 2,770 shares in the last quarter. Graypoint LLC increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 7.9% in the 4th quarter. Graypoint LLC now owns 14,201 shares of the financial services provider’s stock valued at $213,000 after purchasing an additional 1,040 shares during the last quarter. MML Investors Services LLC increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 3.6% in the 3rd quarter. MML Investors Services LLC now owns 25,464 shares of the financial services provider’s stock valued at $367,000 after purchasing an additional 873 shares during the last quarter. Finally, Meridian Wealth Management LLC lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 35.9% during the 3rd quarter. Meridian Wealth Management LLC now owns 40,871 shares of the financial services provider’s stock worth $590,000 after purchasing an additional 10,803 shares during the last quarter.

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

Shares of ETB traded up $0.03 during trading on Thursday, reaching $15.01. 45,705 shares of the company traded hands, compared to its average volume of 47,181. Eaton Vance Tax-Managed Buy-Write Income Fund has a twelve month low of $12.99 and a twelve month high of $15.35. The stock has a 50-day simple moving average of $14.96 and a 200-day simple moving average of $14.46.

Eaton Vance Tax-Managed Buy-Write Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.1058 per share. The ex-dividend date is Wednesday, January 15th. This represents a $1.27 dividend on an annualized basis and a yield of 8.46%.

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

(Get Free Report)

Eaton Vance Tax-Managed Buy-Write Income 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 the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.

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