Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $9.60 and traded as high as $9.72. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $9.6650, with a volume of 622,615 shares traded.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 0.7%

The stock has a 50 day moving average price of $9.60 and a two-hundred day moving average price of $9.26.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.0657 per share. The ex-dividend date was Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 8.2%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Garton & Associates Financial Advisors LLC acquired a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter worth approximately $25,000. Jessup Wealth Management Inc acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter valued at $27,000. First Horizon Corp acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter valued at $28,000. Geneos Wealth Management Inc. boosted its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 53.9% in the third quarter. Geneos Wealth Management Inc. now owns 3,622 shares of the financial services provider’s stock valued at $33,000 after purchasing an additional 1,269 shares during the period. Finally, Advisory Services Network LLC acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter worth $35,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.