Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Stock Price Crosses Above Fifty Day Moving Average of $8.00

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.00 and traded as high as $8.05. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $8.04, with a volume of 423,398 shares traded.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Price Performance

The stock has a fifty day moving average price of $8.01 and a two-hundred day moving average price of $7.73.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.066 per share. This represents a $0.79 dividend on an annualized basis and a yield of 9.85%. The ex-dividend date of this dividend is Monday, April 22nd. This is a boost from Eaton Vance Tax-Managed Global Diversified Equity Income Fund’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several hedge funds have recently modified their holdings of the company. Harbor Investment Advisory LLC boosted its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 103.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 3,350 shares of the financial services provider’s stock worth $26,000 after buying an additional 1,700 shares during the last quarter. Princeton Global Asset Management LLC boosted its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 385.2% in the third quarter. Princeton Global Asset Management LLC now owns 4,609 shares of the financial services provider’s stock worth $34,000 after acquiring an additional 3,659 shares during the last quarter. LWM Advisory Services LLC purchased a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the third quarter valued at approximately $45,000. Stonebridge Capital Advisors LLC acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the third quarter worth approximately $49,000. Finally, NBC Securities Inc. purchased a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the third quarter worth approximately $58,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.