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 large decline in short interest during the month of August. As of August 14th, there was short interest totaling 13,538 shares, a decline of 79.1% from the July 30th total of 64,766 shares. Based on an average daily volume of 113,280 shares, the days-to-cover ratio is currently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Up 0.0%

NYSE ETG traded up $0.01 during mid-day trading on Thursday, reaching $24.20. 49,631 shares of the stock were exchanged, compared to its average volume of 123,117. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1-year low of $19.34 and a 1-year high of $24.71. The business’s fifty day simple moving average is $23.56 and its 200 day simple moving average is $22.65.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be given a dividend of $0.1293 per share. The ex-dividend date is Friday, August 14th. This represents a c) annualized dividend and a yield of 6.4%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ETG. Susquehanna International Group LLP grew its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 64.8% in the second quarter. Susquehanna International Group LLP now owns 17,570 shares of the company’s stock valued at $414,000 after purchasing an additional 6,911 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock valued at $72,000 after purchasing an additional 434 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% in the 1st quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock valued at $29,350,000 after purchasing an additional 155,996 shares during the last quarter. Arkadios Wealth Advisors purchased a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter valued at $1,786,000. Finally, Readystate Asset Management LP acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth $1,624,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.