Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $14.27 and traded as low as $14.09. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.2020, with a volume of 261,959 shares.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Up 1.0%

The firm has a fifty day moving average of $14.27 and a two-hundred day moving average of $14.02.

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

The company also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Monday, December 15th will be issued a dividend of $0.0993 per share. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date is Monday, December 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several hedge funds and other institutional investors have recently modified their holdings of ETV. Newbridge Financial Services Group Inc. bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter worth about $33,000. Oliver Lagore Vanvalin Investment Group bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 2nd quarter worth approximately $40,000. Barrett & Company Inc. increased its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 44.0% during the third quarter. Barrett & Company Inc. now owns 3,600 shares of the financial services provider’s stock valued at $51,000 after buying an additional 1,100 shares during the period. IFP Advisors Inc purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter worth $62,000. Finally, Motco purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 2nd quarter valued at $69,000.

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.