Indivisible Partners Makes New $1.59 Million Investment in Eaton Vance Enhanced Equity Income Fund II $EOS

Indivisible Partners bought a new position in shares of Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 67,803 shares of the company’s stock, valued at approximately $1,587,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. grew its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 44.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,761 shares of the company’s stock worth $43,000 after buying an additional 540 shares during the last quarter. City Holding Co. grew its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 138.9% in the 3rd quarter. City Holding Co. now owns 2,293 shares of the company’s stock worth $55,000 after buying an additional 1,333 shares during the last quarter. Farther Finance Advisors LLC lifted its position in Eaton Vance Enhanced Equity Income Fund II by 1,415.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,515 shares of the company’s stock valued at $59,000 after acquiring an additional 2,349 shares in the last quarter. Bessemer Group Inc. bought a new position in Eaton Vance Enhanced Equity Income Fund II in the 3rd quarter valued at approximately $84,000. Finally, Harbor Investment Advisory LLC bought a new position in Eaton Vance Enhanced Equity Income Fund II in the 4th quarter valued at approximately $89,000.

Eaton Vance Enhanced Equity Income Fund II Price Performance

NYSEARCA EOS opened at $22.49 on Wednesday. The business’s fifty day moving average price is $21.44 and its 200-day moving average price is $22.34. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $19.44 and a 1-year high of $24.49.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.1523 per share. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, May 15th.

Eaton Vance Enhanced Equity Income Fund II Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.