Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Price Down 0.2% – Here’s Why

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) shares fell 0.2% during mid-day trading on Friday . The stock traded as low as $9.16 and last traded at $9.2050. 649,731 shares changed hands during trading, an increase of 91% from the average session volume of 339,310 shares. The stock had previously closed at $9.22.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Trading Down 0.2%

The firm’s 50 day simple moving average is $9.09 and its two-hundred day simple moving average is $8.94.

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

The business also recently announced a monthly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a dividend of $0.0664 per share. The ex-dividend date of this dividend was Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 8.7%.

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

Hedge funds have recently made changes to their positions in the stock. Noesis Capital Mangement Corp bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter worth about $166,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the second quarter worth approximately $278,000. D.A. Davidson & CO. grew its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 3.0% in the 2nd quarter. D.A. Davidson & CO. now owns 76,153 shares of the company’s stock worth $659,000 after buying an additional 2,209 shares in the last quarter. Ballast Inc. acquired a new stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 2nd quarter valued at approximately $540,000. Finally, International Assets Investment Management LLC increased its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 3.2% in the 2nd quarter. International Assets Investment Management LLC now owns 160,758 shares of the company’s stock valued at $1,391,000 after acquiring an additional 4,941 shares during the period.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.