Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV)’s share price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $14.23 and traded as high as $14.46. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.41, with a volume of 207,569 shares trading hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Up 0.2 %

The company has a 50 day simple moving average of $14.23 and a 200 day simple moving average of $13.76.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.0993 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.19 dividend on an annualized basis and a yield of 8.37%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

A number of large investors have recently made changes to their positions in the stock. International Assets Investment Management LLC lifted its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2,470.1% in the 3rd quarter. International Assets Investment Management LLC now owns 1,138,936 shares of the financial services provider’s stock valued at $15,717,000 after purchasing an additional 1,094,622 shares during the last quarter. Penserra Capital Management LLC purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the 3rd quarter worth approximately $4,796,000. Private Advisor Group LLC raised its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 151.4% in the third quarter. Private Advisor Group LLC now owns 148,508 shares of the financial services provider’s stock valued at $2,049,000 after purchasing an additional 89,430 shares during the period. Arlington Capital Management Inc. acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the third quarter worth $883,000. Finally, Prevail Innovative Wealth Advisors LLC acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at $517,000.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities 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.