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

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the recipient of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 23,827 shares, a growth of 76.0% from the August 15th total of 13,538 shares. Based on an average daily trading volume, of 79,184 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings 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 purchasing an additional 434 shares in the last quarter. 1776 Wealth LLC raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.6% in the fourth quarter. 1776 Wealth LLC now owns 32,103 shares of the company’s stock valued at $742,000 after purchasing an additional 495 shares in the last quarter. PMG Family Office LLC raised its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.3% in the first quarter. PMG Family Office LLC now owns 49,372 shares of the company’s stock valued at $993,000 after purchasing an additional 616 shares in the last quarter. Sanctuary Advisors LLC lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.9% during the first quarter. Sanctuary Advisors LLC now owns 115,801 shares of the company’s stock worth $2,330,000 after purchasing an additional 1,059 shares during the period. Finally, Harbour Investments Inc. lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% during the fourth quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock worth $38,000 after purchasing an additional 1,391 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Up 1.0%

Shares of ETG stock traded up $0.23 on Thursday, hitting $23.05. The company’s stock had a trading volume of 49,302 shares, compared to its average volume of 120,146. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $19.34 and a fifty-two week high of $24.71. The stock’s 50 day moving average is $23.70 and its 200-day moving average is $22.70.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.1293 per share. This represents a c) dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date is Tuesday, September 15th.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

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.