Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Up 81.4% in June

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 16,139 shares, an increase of 81.4% from the June 15th total of 8,896 shares. Based on an average daily volume of 107,224 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Baird Financial Group Inc. purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 1st quarter worth approximately $186,000. Royal Bank of Canada raised its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.0% during the first quarter. Royal Bank of Canada now owns 213,733 shares of the company’s stock valued at $3,894,000 after purchasing an additional 10,266 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 23.6% in the 1st quarter. Jane Street Group LLC now owns 15,798 shares of the company’s stock worth $288,000 after purchasing an additional 3,015 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 664.6% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,577 shares of the company’s stock valued at $159,000 after purchasing an additional 6,586 shares during the last quarter. Finally, Cresset Asset Management LLC bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 2nd quarter valued at about $553,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 0.6%

ETG stock opened at $23.18 on Friday. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $19.34 and a fifty-two week high of $23.76. The stock has a fifty day moving average of $23.05 and a 200-day moving average of $22.52.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be given a $0.1293 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) annualized dividend and a dividend yield of 6.7%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.