Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Stock Price Crosses Above 50-Day Moving Average of $22.51

Shares of Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $22.51 and traded as high as $23.40. Eaton Vance Tax-Advantaged Dividend Income Fund shares last traded at $23.40, with a volume of 88,200 shares trading hands.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 1.2 %

The firm’s 50 day moving average is $22.51 and its two-hundred day moving average is $21.57.

Eaton Vance Tax-Advantaged Dividend Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Thursday, March 21st will be issued a $0.1488 dividend. This represents a $1.79 dividend on an annualized basis and a yield of 7.63%. The ex-dividend date of this dividend is Wednesday, March 20th.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

A number of institutional investors and hedge funds have recently bought and sold shares of EVT. CWM LLC boosted its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 57.3% in the 3rd quarter. CWM LLC now owns 1,713 shares of the closed-end fund’s stock worth $36,000 after acquiring an additional 624 shares during the period. VisionPoint Advisory Group LLC purchased a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter worth approximately $64,000. Comerica Bank purchased a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter worth approximately $64,000. Northwestern Mutual Wealth Management Co. boosted its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 59.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,161 shares of the closed-end fund’s stock worth $72,000 after acquiring an additional 1,181 shares during the period. Finally, IFP Advisors Inc raised its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 37.0% in the 3rd quarter. IFP Advisors Inc now owns 3,700 shares of the closed-end fund’s stock valued at $78,000 after purchasing an additional 1,000 shares in the last quarter.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.