Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Sees Significant Growth in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 16,139 shares, an increase of 81.4% from the June 15th total of 8,896 shares. Based on an average daily trading volume, of 107,224 shares, the short-interest ratio is currently 0.2 days.

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

Institutional investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of 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 in the last quarter. Bank of America Corp DE increased its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% in the 1st quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock valued at $29,350,000 after acquiring an additional 155,996 shares in the last quarter. Morgan Stanley lifted 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 acquiring an additional 94,796 shares during the period. Arkadios Wealth Advisors acquired a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter valued at $1,786,000. Finally, Readystate Asset Management LP bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the first quarter worth $1,624,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 0.5%

Eaton Vance Tax-Advantaged Global Dividend Income Fund stock opened at $23.01 on Friday. The stock’s 50 day moving average is $23.05 and its 200 day moving average is $22.53. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $19.34 and a one year high of $23.76.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be issued a dividend of $0.1293 per share. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend and a yield of 6.7%.

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.