Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE:ETW) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $9.39 and traded as high as $9.61. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund shares last traded at $9.5750, with a volume of 265,863 shares trading hands.

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

The business has a 50-day moving average price of $9.39 and a two-hundred day moving average price of $9.27.

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

The company also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were given a $0.0664 dividend. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date was Monday, June 15th.

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

Several institutional investors have recently modified their holdings of ETW. US Bancorp DE lifted its holdings in Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 350.0% in the third quarter. US Bancorp DE now owns 4,500 shares of the company’s stock valued at $41,000 after buying an additional 3,500 shares during the period. CWM LLC bought a new position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund in the 4th quarter worth $46,000. Barrett & Company Inc. boosted its position in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 193.3% in the 4th quarter. Barrett & Company Inc. now owns 6,600 shares of the company’s stock worth $62,000 after purchasing an additional 4,350 shares during the last quarter. CoreCap Advisors LLC grew its stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund by 608.7% during the fourth quarter. CoreCap Advisors LLC now owns 8,150 shares of the company’s stock worth $75,000 after purchasing an additional 7,000 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in shares of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund during the third quarter worth $75,000.

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.