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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $9.60 and traded as high as $9.91. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.8950, with a volume of 312,581 shares changing hands.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Price Performance

The business’s fifty day moving average is $9.61 and its 200-day moving average is $9.38.

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

The firm also recently declared a monthly dividend, which will be paid on Monday, August 31st. Stockholders of record on Friday, August 14th will be given a $0.0664 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Friday, August 14th.

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

A number of large investors have recently bought and sold shares of the business. US Bancorp DE increased its holdings in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 350.0% during the third quarter. US Bancorp DE now owns 4,500 shares of the company’s stock valued at $41,000 after purchasing an additional 3,500 shares during the period. CWM LLC acquired a new stake in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the fourth quarter worth about $46,000. Advisory Services Network LLC bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 3rd quarter valued at about $75,000. Western Wealth Management LLC bought a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 1st quarter valued at about $88,000. Finally, Susquehanna International Group LLP acquired a new position in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the 3rd quarter valued at about $96,000.

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

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) is a closed-end management investment company that seeks to provide a high level of current income consistent with the preservation of capital and to achieve capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of U.S. and foreign equity securities, and by employing a buy-write strategy in which it writes (sells) call options on portions of its equity holdings. This option writing is designed to generate additional income and to potentially mitigate portfolio volatility.

The fund’s underlying equity investments span a broad range of sectors and geographic regions, including developed and emerging markets in North America, Europe, Asia and other regions.