Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Raises Dividend to $0.11 Per Share

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, April 1st, Zacks reports. Investors of record on Tuesday, April 23rd will be paid a dividend of 0.106 per share by the financial services provider on Tuesday, April 30th. This represents a $1.27 annualized dividend and a yield of 9.72%. The ex-dividend date is Monday, April 22nd. This is a boost from Eaton Vance Tax-Managed Buy-Write Income Fund’s previous monthly dividend of $0.09.

Eaton Vance Tax-Managed Buy-Write Income Fund has decreased its dividend payment by an average of 7.3% annually over the last three years.

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

NYSE ETB opened at $13.08 on Friday. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12 month low of $11.59 and a 12 month high of $14.08. The stock has a 50 day moving average of $13.49 and a 200-day moving average of $13.04.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Income Fund

A number of large investors have recently added to or reduced their stakes in ETB. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 1.8% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 42,848 shares of the financial services provider’s stock valued at $556,000 after purchasing an additional 750 shares during the period. MML Investors Services LLC raised its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 5.1% in the first quarter. MML Investors Services LLC now owns 16,990 shares of the financial services provider’s stock valued at $222,000 after buying an additional 831 shares during the period. Envestnet Asset Management Inc. raised its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 2.1% in the second quarter. Envestnet Asset Management Inc. now owns 50,917 shares of the financial services provider’s stock valued at $707,000 after buying an additional 1,052 shares during the period. CFO4Life Group LLC lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 2.0% in the fourth quarter. CFO4Life Group LLC now owns 55,430 shares of the financial services provider’s stock valued at $719,000 after buying an additional 1,108 shares during the last quarter. Finally, Creative Planning boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 7.3% during the 4th quarter. Creative Planning now owns 18,861 shares of the financial services provider’s stock worth $245,000 after acquiring an additional 1,286 shares during the period.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.