Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Shares Down 0.1% – What’s Next?

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI)’s stock price dropped 0.1% during mid-day trading on Friday . The company traded as low as $21.06 and last traded at $21.22. Approximately 45,264 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 82,044 shares. The stock had previously closed at $21.24.

Eaton Vance Enhanced Equity Income Fund Stock Performance

The business has a 50 day moving average of $21.18 and a two-hundred day moving average of $20.16.

Eaton Vance Enhanced Equity Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a dividend of $0.1338 per share. This represents a $1.61 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date is Wednesday, January 15th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in shares of Eaton Vance Enhanced Equity Income Fund in the fourth quarter valued at approximately $888,000. Raymond James & Associates grew its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 6.0% in the third quarter. Raymond James & Associates now owns 693,650 shares of the company’s stock valued at $14,033,000 after acquiring an additional 39,303 shares in the last quarter. Kovitz Investment Group Partners LLC bought a new position in shares of Eaton Vance Enhanced Equity Income Fund in the third quarter valued at approximately $584,000. Sanctuary Advisors LLC bought a new position in shares of Eaton Vance Enhanced Equity Income Fund in the second quarter valued at approximately $483,000. Finally, B. Riley Wealth Advisors Inc. bought a new position in Eaton Vance Enhanced Equity Income Fund during the second quarter valued at $489,000.

Eaton Vance Enhanced Equity Income Fund Company Profile

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.