Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Short Interest Update

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 13,823 shares, a drop of 38.2% from the May 31st total of 22,379 shares. Based on an average daily trading volume, of 55,994 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in ETB. Bank of America Corp DE increased its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 45.7% in the second quarter. Bank of America Corp DE now owns 464,271 shares of the financial services provider’s stock worth $6,704,000 after purchasing an additional 145,724 shares during the last quarter. Guggenheim Capital LLC grew its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 33.9% during the 4th quarter. Guggenheim Capital LLC now owns 564,785 shares of the financial services provider’s stock valued at $8,624,000 after buying an additional 143,001 shares in the last quarter. PMG Family Office LLC purchased a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the 3rd quarter valued at approximately $1,146,000. LPL Financial LLC increased its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 9.6% in the 4th quarter. LPL Financial LLC now owns 318,383 shares of the financial services provider’s stock worth $4,862,000 after acquiring an additional 27,970 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 39.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 92,127 shares of the financial services provider’s stock worth $1,330,000 after acquiring an additional 26,277 shares during the last quarter.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Performance

Shares of NYSE:ETB opened at $15.53 on Friday. The firm has a fifty day moving average price of $15.33 and a 200 day moving average price of $15.21. Eaton Vance Tax-Managed Buy-Write Income Fund has a fifty-two week low of $13.86 and a fifty-two week high of $15.67.

Eaton Vance Tax-Managed Buy-Write Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.1058 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) annualized dividend and a yield of 8.2%.

About Eaton Vance Tax-Managed Buy-Write Income Fund

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.