Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Passes Above 50 Day Moving Average – Here’s Why

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.35 and traded as high as $14.53. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.45, with a volume of 280,276 shares traded.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Performance

The stock’s 50 day moving average is $14.35 and its two-hundred day moving average is $13.88.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were issued a $0.0993 dividend. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 8.26%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ETV. B. Riley Wealth Advisors Inc. raised its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 33.8% during the second quarter. B. Riley Wealth Advisors Inc. now owns 71,935 shares of the financial services provider’s stock worth $985,000 after purchasing an additional 18,189 shares in the last quarter. Truist Financial Corp lifted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 12.2% in the second quarter. Truist Financial Corp now owns 281,274 shares of the financial services provider’s stock valued at $3,845,000 after acquiring an additional 30,591 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at $256,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the third quarter worth about $174,000. Finally, NBC Securities Inc. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 15.1% during the third quarter. NBC Securities Inc. now owns 28,281 shares of the financial services provider’s stock worth $390,000 after purchasing an additional 3,706 shares in the last quarter.

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

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.