Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 38,081 shares, a growth of 823.2% from the April 15th total of 4,125 shares. Based on an average daily trading volume, of 219,580 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of ETG. Northwestern Mutual Wealth Management Co. grew its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 18,053.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 616,507 shares of the company’s stock worth $14,941,000 after acquiring an additional 613,111 shares during the last quarter. Morgan Stanley grew its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 3.7% during the 4th quarter. Morgan Stanley now owns 2,631,728 shares of the company’s stock worth $60,793,000 after acquiring an additional 94,796 shares during the last quarter. Fifth Third Bancorp bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth $1,430,000. Goldman Sachs Group Inc. bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 4th quarter worth $1,412,000. Finally, PMG Family Office LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 3rd quarter worth $1,030,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock traded down $0.34 during trading on Tuesday, reaching $22.62. 35,414 shares of the company’s stock were exchanged, compared to its average volume of 139,263. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1-year low of $19.34 and a 1-year high of $23.67. The firm’s 50-day moving average price is $21.45 and its 200 day moving average price is $22.19.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.1293 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a c) dividend on an annualized basis and a dividend yield of 6.9%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.