1607 Capital Partners LLC Makes New $2.15 Million Investment in Eaton Vance Enhanced Equity Income Fund II $EOS

1607 Capital Partners LLC acquired a new position in Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 92,033 shares of the company’s stock, valued at approximately $2,154,000.

Other large investors have also modified their holdings of the company. Geneos Wealth Management Inc. raised its position in shares of Eaton Vance Enhanced Equity Income Fund II by 44.2% in the second quarter. Geneos Wealth Management Inc. now owns 1,761 shares of the company’s stock worth $43,000 after acquiring an additional 540 shares during the period. Karpus Management Inc. acquired a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the fourth quarter worth about $52,000. Farther Finance Advisors LLC raised its position in shares of Eaton Vance Enhanced Equity Income Fund II by 1,415.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,515 shares of the company’s stock worth $59,000 after acquiring an additional 2,349 shares during the period. Harbor Investment Advisory LLC acquired a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the fourth quarter worth about $89,000. Finally, Harbour Investments Inc. raised its position in shares of Eaton Vance Enhanced Equity Income Fund II by 34.6% in the fourth quarter. Harbour Investments Inc. now owns 5,844 shares of the company’s stock worth $137,000 after acquiring an additional 1,502 shares during the period.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

EOS opened at $21.84 on Thursday. Eaton Vance Enhanced Equity Income Fund II has a twelve month low of $19.44 and a twelve month high of $24.49. The company has a 50-day moving average price of $22.27 and a 200 day moving average price of $22.20.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.1523 per share. This represents a c) annualized dividend and a dividend yield of 8.4%. The ex-dividend date is Monday, June 15th.

Eaton Vance Enhanced Equity Income Fund II Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.