Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a significant decline in short interest in January. As of January 15th, there was short interest totaling 48,256 shares, a decline of 78.2% from the December 31st total of 221,765 shares. Based on an average daily trading volume, of 147,635 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 147,635 shares, the short-interest ratio is presently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Up 0.1%

NYSE ETG traded up $0.03 during trading hours on Wednesday, reaching $23.47. 105,663 shares of the company’s stock were exchanged, compared to its average volume of 131,265. The firm has a fifty day moving average of $22.67 and a 200-day moving average of $21.68. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $15.04 and a one year high of $23.58.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be paid a $0.1293 dividend. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%.

Insiders Place Their Bets

In other news, Portfolio Manager Derek Digregorio sold 1,417 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $22.30, for a total transaction of $31,599.10. Following the completion of the sale, the portfolio manager owned 1 shares of the company’s stock, valued at approximately $22.30. This trade represents a 99.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameritas Advisory Services LLC acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter valued at about $26,000. Farther Finance Advisors LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 90.9% during the fourth quarter. Farther Finance Advisors LLC now owns 2,100 shares of the company’s stock valued at $49,000 after purchasing an additional 1,000 shares during the last quarter. Chung Wu Investment Group LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter valued at approximately $48,000. Newbridge Financial Services Group Inc. bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter worth approximately $65,000. Finally, Allworth Financial LP raised its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 44.0% in the 2nd quarter. Allworth Financial LP now owns 3,542 shares of the company’s stock worth $74,000 after purchasing an additional 1,082 shares during the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.