Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY) Trading Up 13.9%

Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY)’s stock price was up 13.9% on Wednesday . The company traded as high as $8.23 and last traded at $9.27, approximately 206,147 shares traded hands during mid-day trading. A decline of 65% from the average daily volume of 595,747 shares. The stock had previously closed at $8.14.

The business has a 50-day simple moving average of $11.05 and a two-hundred day simple moving average of $11.96.

The business also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 24th will be given a $0.084 dividend. This represents a $1.01 dividend on an annualized basis and a yield of 10.54%. The ex-dividend date is Monday, March 23rd.

A number of large investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. grew its position in Eaton Vance Tax Managed Diversified Eq. by 3.7% in the fourth quarter. Rockefeller Capital Management L.P. now owns 22,725 shares of the investment management company’s stock valued at $285,000 after acquiring an additional 804 shares during the period. Sunbelt Securities Inc. grew its holdings in shares of Eaton Vance Tax Managed Diversified Eq. by 9.2% during the fourth quarter. Sunbelt Securities Inc. now owns 15,982 shares of the investment management company’s stock worth $200,000 after purchasing an additional 1,349 shares during the last quarter. First Allied Advisory Services Inc. grew its holdings in shares of Eaton Vance Tax Managed Diversified Eq. by 10.2% during the fourth quarter. First Allied Advisory Services Inc. now owns 18,012 shares of the investment management company’s stock worth $228,000 after purchasing an additional 1,671 shares during the last quarter. Cetera Advisors LLC grew its holdings in shares of Eaton Vance Tax Managed Diversified Eq. by 7.8% during the fourth quarter. Cetera Advisors LLC now owns 26,676 shares of the investment management company’s stock worth $336,000 after purchasing an additional 1,932 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its holdings in Eaton Vance Tax Managed Diversified Eq. by 0.7% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 380,135 shares of the investment management company’s stock valued at $4,759,000 after acquiring an additional 2,612 shares during the last quarter.

About Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY)

Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies.

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