Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Shares Pass Above 50 Day Moving Average – What’s Next?

Shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $14.76 and traded as high as $15.31. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $15.1050, with a volume of 95,705 shares trading hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Performance

The company’s 50-day moving average is $14.78 and its two-hundred day moving average is $14.50.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a dividend of $0.0993 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

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

Large investors have recently made changes to their positions in the company. Wolverine Asset Management LLC lifted its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 169.3% during the fourth quarter. Wolverine Asset Management LLC now owns 333,559 shares of the financial services provider’s stock worth $4,790,000 after purchasing an additional 209,679 shares during the last quarter. CENTRAL TRUST Co bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter valued at $36,000. Mutual Advisors LLC raised its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.0% during the 4th quarter. Mutual Advisors LLC now owns 109,361 shares of the financial services provider’s stock worth $1,570,000 after buying an additional 1,053 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 13.4% during the 4th quarter. D.A. Davidson & CO. now owns 22,708 shares of the financial services provider’s stock worth $326,000 after buying an additional 2,686 shares during the last quarter. Finally, Emissary Wealth LLC bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 4th quarter worth $2,418,000.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.