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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.13 and traded as high as $9.53. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.4450, with a volume of 344,093 shares.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Trading Down 0.1%

The stock’s 50-day moving average is $9.13 and its 200-day moving average is $9.17.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be given a dividend of $0.0664 per share. This represents a c) dividend on an annualized basis and a yield of 8.4%. The ex-dividend date of this dividend is Friday, May 15th.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Guggenheim Capital LLC grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 8.5% in the fourth quarter. Guggenheim Capital LLC now owns 2,296,545 shares of the company’s stock valued at $21,174,000 after acquiring an additional 180,608 shares in the last quarter. Bank of America Corp DE grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.3% in the third quarter. Bank of America Corp DE now owns 2,294,849 shares of the company’s stock valued at $20,768,000 after acquiring an additional 6,196 shares in the last quarter. Invesco Ltd. grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.1% in the third quarter. Invesco Ltd. now owns 1,663,673 shares of the company’s stock valued at $15,056,000 after acquiring an additional 95,205 shares in the last quarter. Raymond James Financial Inc. grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 1.7% in the second quarter. Raymond James Financial Inc. now owns 1,544,773 shares of the company’s stock valued at $13,362,000 after acquiring an additional 25,209 shares in the last quarter. Finally, 1607 Capital Partners LLC grew its position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 262.3% in the fourth quarter. 1607 Capital Partners LLC now owns 1,452,913 shares of the company’s stock valued at $13,396,000 after acquiring an additional 1,051,879 shares in the last quarter.

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 management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.