Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) shares passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $9.42 and traded as high as $9.54. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.5010, with a volume of 216,833 shares traded.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Up 0.4%

The firm’s 50 day moving average is $9.55 and its two-hundred day moving average is $9.42.

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

The company also recently declared a monthly dividend, which will be paid on Monday, November 30th. Shareholders of record on Monday, November 16th will be issued a dividend of $0.0748 per share. This represents a $0.90 annualized dividend and a yield of 9.7%. The ex-dividend date is Monday, November 16th. This is a positive change from Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund’s previous monthly dividend of $0.0664.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Several large investors have recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.3% during the first quarter. Royal Bank of Canada now owns 972,894 shares of the company’s stock worth $8,542,000 after purchasing an additional 22,162 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 3rd quarter worth approximately $1,991,000. Roman Butler Fullerton & Co. grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.9% in the 1st quarter. Roman Butler Fullerton & Co. now owns 214,889 shares of the company’s stock valued at $1,962,000 after buying an additional 1,985 shares during the last quarter. Shaker Financial Services LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the third quarter valued at about $1,591,000. Finally, Calamos Advisors LLC increased its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.7% during the 3rd quarter. Calamos Advisors LLC now owns 153,215 shares of the company’s stock worth $1,456,000 after purchasing an additional 9,576 shares during the period.

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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end investment company that seeks to provide current income and gains while managing the tax characteristics of its distributions. The fund is managed by Eaton Vance Management and invests primarily in a diversified portfolio of global equity securities.

To pursue its objectives, ETW uses a buy-write strategy, also known as a covered-call strategy. The fund generally writes call options on some of the stocks in its portfolio or on equity indexes, seeking to generate option premiums and supplement potential dividend income.