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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $8.53 and traded as high as $8.67. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $8.61, with a volume of 214,017 shares changing hands.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Price Performance

The company’s fifty day simple moving average is $8.53 and its 200 day simple moving average is $8.48.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a $0.0664 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 9.26%. The ex-dividend date is Friday, February 14th.

Institutional Trading of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Several institutional investors and hedge funds have recently bought and sold shares of ETW. Elequin Capital LP bought a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 4th quarter worth approximately $65,000. Polar Asset Management Partners Inc. purchased a new stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the fourth quarter worth $1,465,000. Guardian Wealth Advisors LLC NC purchased a new stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the fourth quarter worth $123,000. Alteri Wealth LLC bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the fourth quarter worth $475,000. Finally, Aptus Capital Advisors LLC purchased a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the fourth quarter valued at $123,000.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global 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 public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.