Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW)’s share price passed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $9.68 and traded as low as $9.54. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.6150, with a volume of 225,647 shares.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Stock Up 0.8%

The firm has a 50 day moving average price of $9.68 and a 200-day moving average price of $9.42.

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

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.0664 dividend. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $0.80 annualized dividend and a yield of 8.3%.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Institutional investors and hedge funds have recently modified their holdings of the company. 1607 Capital Partners LLC boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 262.3% during the 4th quarter. 1607 Capital Partners LLC now owns 1,452,913 shares of the company’s stock worth $13,396,000 after acquiring an additional 1,051,879 shares in the last quarter. Royal Bank of Canada raised its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 2.3% during the 1st quarter. Royal Bank of Canada now owns 972,894 shares of the company’s stock worth $8,542,000 after acquiring an additional 22,162 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 6.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 291,291 shares of the company’s stock valued at $2,686,000 after acquiring an additional 18,913 shares in the last quarter. Roman Butler Fullerton & Co. increased its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 0.9% during the first quarter. Roman Butler Fullerton & Co. now owns 214,889 shares of the company’s stock worth $1,962,000 after purchasing an additional 1,985 shares in the last quarter. Finally, Calamos Advisors LLC boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 13.5% in the 1st quarter. Calamos Advisors LLC now owns 134,063 shares of the company’s stock valued at $1,177,000 after purchasing an additional 15,960 shares during the period.

About Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a diversified closed-end fund managed by Eaton Vance Management, a subsidiary of Morgan Stanley. The fund seeks to provide current income and gains, with capital appreciation as a secondary objective, through a globally diversified portfolio of equity securities.

The fund invests primarily in common stocks of companies located in the United States and other countries. It also follows a buy-write, or covered-call, strategy by writing call options on some of the stocks in its portfolio.