Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Sees Large Decline in Short Interest

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETVGet Free Report) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 32,118 shares, a decrease of 22.0% from the December 15th total of 41,189 shares. Based on an average daily trading volume, of 235,815 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily trading volume, of 235,815 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Down 0.1%

Shares of NYSE:ETV traded down $0.01 during midday trading on Friday, hitting $14.47. The stock had a trading volume of 264,878 shares, compared to its average volume of 283,016. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a 1 year low of $10.64 and a 1 year high of $14.64. The stock has a 50 day moving average price of $14.34 and a two-hundred day moving average price of $14.15.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Thursday, January 15th will be paid a $0.0993 dividend. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several institutional investors have recently made changes to their positions in ETV. Invesco Ltd. grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.3% during the 3rd quarter. Invesco Ltd. now owns 1,568,517 shares of the financial services provider’s stock worth $22,351,000 after purchasing an additional 50,008 shares during the period. Raymond James Financial Inc. grew its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.6% in the third quarter. Raymond James Financial Inc. now owns 1,020,627 shares of the financial services provider’s stock valued at $14,544,000 after purchasing an additional 35,648 shares during the last quarter. Paragon Financial Partners Inc. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.4% in the third quarter. Paragon Financial Partners Inc. now owns 936,606 shares of the financial services provider’s stock valued at $13,347,000 after buying an additional 12,828 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.0% during the 3rd quarter. Bank of America Corp DE now owns 797,142 shares of the financial services provider’s stock worth $11,359,000 after buying an additional 23,580 shares during the last quarter. Finally, Balanced Wealth Group LLC raised its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.9% during the 4th quarter. Balanced Wealth Group LLC now owns 571,980 shares of the financial services provider’s stock worth $8,151,000 after buying an additional 16,004 shares during the last quarter.

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

(Get Free Report)

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.

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