Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $9.55 and traded as high as $9.65. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $9.64, with a volume of 416,422 shares traded.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Trading Down 0.1%

The business has a fifty day moving average price of $9.55 and a 200 day moving average price of $9.22.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.0657 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) annualized dividend and a yield of 8.2%.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

A number of institutional investors have recently made changes to their positions in the stock. Garton & Associates Financial Advisors LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at $25,000. Jessup Wealth Management Inc bought a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 4th quarter worth $27,000. First Horizon Corp acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the fourth quarter valued at $28,000. IFP Advisors Inc lifted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 74.8% in the second quarter. IFP Advisors Inc now owns 2,971 shares of the financial services provider’s stock valued at $26,000 after buying an additional 1,271 shares during the period. Finally, Geneos Wealth Management Inc. boosted its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 53.9% during the third quarter. Geneos Wealth Management Inc. now owns 3,622 shares of the financial services provider’s stock valued at $33,000 after buying an additional 1,269 shares in the last quarter.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.