Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 38,081 shares, a growth of 823.2% from the April 15th total of 4,125 shares. Based on an average daily trading volume, of 219,580 shares, the short-interest ratio is currently 0.2 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 1.5%

Shares of NYSE ETG traded down $0.34 during trading on Tuesday, reaching $22.62. The company had a trading volume of 35,414 shares, compared to its average volume of 139,263. The company’s fifty day moving average price is $21.45 and its 200-day moving average price is $22.19. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12 month low of $19.34 and a 12 month high of $23.67.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.1293 per share. The ex-dividend date is Friday, May 15th. This represents a c) annualized dividend and a dividend yield of 6.9%.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several institutional investors and hedge funds have recently made changes to their positions in the business. Morgan Stanley boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 3.7% during the 4th quarter. Morgan Stanley now owns 2,631,728 shares of the company’s stock valued at $60,793,000 after purchasing an additional 94,796 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.9% during the 2nd quarter. Bank of America Corp DE now owns 1,337,856 shares of the company’s stock valued at $28,015,000 after purchasing an additional 11,560 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 4.6% during the 4th quarter. Wells Fargo & Company MN now owns 719,437 shares of the company’s stock valued at $16,619,000 after purchasing an additional 31,413 shares in the last quarter. McGowan Group Asset Management Inc. raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.4% during the 3rd quarter. McGowan Group Asset Management Inc. now owns 623,986 shares of the company’s stock worth $13,185,000 after buying an additional 2,531 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 18,053.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 616,507 shares of the company’s stock worth $14,941,000 after buying an additional 613,111 shares during the period.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.