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

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 10,606 shares, a decline of 82.0% from the January 29th total of 58,975 shares. Based on an average trading volume of 112,057 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 112,057 shares, the short-interest ratio is presently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of ETG stock traded up $0.23 during trading hours on Wednesday, reaching $23.33. The company had a trading volume of 61,259 shares, compared to its average volume of 123,426. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a twelve month low of $15.04 and a twelve month high of $23.67. The stock’s fifty day simple moving average is $23.09 and its 200 day simple moving average is $22.02.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.1293 per share. The ex-dividend date is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%.

Insider Transactions at Eaton Vance Tax-Advantaged Global Dividend Income Fund

In other news, Portfolio Manager Derek Digregorio sold 1,417 shares of the firm’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $22.30, for a total value of $31,599.10. Following the transaction, the portfolio manager directly owned 1 shares in the company, valued at $22.30. This trade represents a 99.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Harbour Investments Inc. increased its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% during the 4th quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock worth $38,000 after buying an additional 1,391 shares during the period. Farther Finance Advisors LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 90.9% during the fourth quarter. Farther Finance Advisors LLC now owns 2,100 shares of the company’s stock valued at $49,000 after acquiring an additional 1,000 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the second quarter valued at about $65,000. Allworth Financial LP increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 44.0% during the second quarter. Allworth Financial LP now owns 3,542 shares of the company’s stock worth $74,000 after acquiring an additional 1,082 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the third quarter worth about $130,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.