Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Sees Large Decrease in Short Interest

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 12,581 shares, a decline of 47.2% from the August 31st total of 23,827 shares. Based on an average trading volume of 85,911 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth approximately $1,205,000. NewEdge Advisors LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 252.2% in the 2nd quarter. NewEdge Advisors LLC now owns 18,436 shares of the company’s stock worth $434,000 after buying an additional 13,202 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 64.8% in the 2nd quarter. Susquehanna International Group LLP now owns 17,570 shares of the company’s stock worth $414,000 after buying an additional 6,911 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock worth $72,000 after buying an additional 434 shares in the last quarter. Finally, Bank of America Corp DE grew its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the 1st quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock worth $29,350,000 after buying an additional 155,996 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 1.1%

Shares of NYSE:ETG traded down $0.26 on Thursday, hitting $22.86. 59,281 shares of the company’s stock were exchanged, compared to its average volume of 118,297. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12 month low of $19.34 and a 12 month high of $24.71. The business’s 50 day simple moving average is $23.69 and its two-hundred day simple moving average is $22.79.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were paid a $0.1293 dividend. This represents a $1.55 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date was Tuesday, September 15th.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a closed-end investment fund managed by Eaton Vance Management. The fund seeks to provide current income and long-term total return, with an emphasis on tax-advantaged income and capital appreciation.

ETG invests primarily in dividend-paying equity securities issued by companies in the United States and other countries. Its globally diversified portfolio may include securities across a range of industries, markets and geographic regions, allowing the fund to pursue income and growth opportunities beyond the domestic market.

The fund is part of Eaton Vance’s investment-management platform.