Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a large decline in short interest in February. As of February 28th, there was short interest totalling 10,800 shares, a decline of 21.2% from the February 13th total of 13,700 shares. Based on an average trading volume of 26,100 shares, the short-interest ratio is presently 0.4 days.

Insider Buying and Selling at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, insider Keith Quinton bought 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average price of $26.10 per share, with a total value of $130,500.00. Following the completion of the transaction, the insider now owns 6,000 shares in the company, valued at approximately $156,600. This trade represents a 500.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Portfolio Manager Derek Digregorio purchased 980 shares of the stock in a transaction on Wednesday, February 26th. The stock was acquired at an average price of $25.98 per share, for a total transaction of $25,460.40. Following the completion of the purchase, the portfolio manager now directly owns 980 shares in the company, valued at approximately $25,460.40. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in ETO. Raymond James Financial Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the 4th quarter valued at approximately $1,866,000. Benjamin Edwards Inc. bought a new position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the third quarter worth about $1,390,000. Shaker Financial Services LLC increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 97.6% during the fourth quarter. Shaker Financial Services LLC now owns 42,950 shares of the investment management company’s stock worth $1,085,000 after buying an additional 21,211 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the fourth quarter valued at approximately $313,000. Finally, Advisors Asset Management Inc. raised its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 6.3% in the third quarter. Advisors Asset Management Inc. now owns 192,830 shares of the investment management company’s stock valued at $5,118,000 after buying an additional 11,350 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of NYSE ETO traded down $0.14 during mid-day trading on Tuesday, hitting $25.03. The company had a trading volume of 17,049 shares, compared to its average volume of 26,285. The firm has a 50-day simple moving average of $25.64 and a two-hundred day simple moving average of $25.80. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a one year low of $23.50 and a one year high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.1733 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.08 dividend on an annualized basis and a yield of 8.31%.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Global Dividend Opportunities 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 the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.