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 crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.76 and traded as high as $15.31. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $15.1050, with a volume of 95,705 shares traded.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Down 1.0%

The company has a 50 day moving average of $14.76 and a 200 day moving average of $14.50.

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

The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Investors of record on Wednesday, July 15th will be issued a $0.0993 dividend. The ex-dividend date of this dividend is Wednesday, July 15th. This represents a c) annualized dividend and a yield of 7.9%.

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

Large investors have recently modified their holdings of the company. LPL Financial LLC lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 0.9% during the 4th quarter. LPL Financial LLC now owns 1,799,148 shares of the financial services provider’s stock worth $25,836,000 after purchasing an additional 16,886 shares during the last quarter. Invesco Ltd. lifted its holdings in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.3% during the 3rd quarter. Invesco Ltd. now owns 1,568,517 shares of the financial services provider’s stock worth $22,351,000 after buying an additional 50,008 shares during the last quarter. Guggenheim Capital LLC boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 8.2% during the 4th quarter. Guggenheim Capital LLC now owns 1,305,364 shares of the financial services provider’s stock worth $18,745,000 after acquiring an additional 98,454 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.6% in the 3rd quarter. Raymond James Financial Inc. now owns 1,020,627 shares of the financial services provider’s stock valued at $14,544,000 after acquiring an additional 35,648 shares during the last quarter. Finally, Paragon Financial Partners Inc. increased its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 0.6% in the 4th quarter. Paragon Financial Partners Inc. now owns 941,916 shares of the financial services provider’s stock valued at $13,526,000 after acquiring an additional 5,310 shares during the last quarter.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.