Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Share Price Passes Below 50 Day Moving Average of $12.90

Shares of Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB – Get Rating) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $12.90 and traded as low as $12.90. Eaton Vance Tax-Managed Buy-Write Income Fund shares last traded at $12.90, with a volume of 50,297 shares traded.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Performance

The stock has a 50-day moving average price of $12.90 and a 200 day moving average price of $13.43.

Eaton Vance Tax-Managed Buy-Write Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 22nd will be paid a dividend of $0.0932 per share. This represents a $1.12 dividend on an annualized basis and a yield of 8.67%. The ex-dividend date of this dividend is Friday, May 19th.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Income Fund

Several hedge funds have recently made changes to their positions in ETB. Advisor Group Holdings Inc. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 74.5% during the 4th quarter. Advisor Group Holdings Inc. now owns 499,833 shares of the financial services provider’s stock worth $6,572,000 after purchasing an additional 213,406 shares during the last quarter. Shaker Financial Services LLC acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter valued at about $1,721,000. Wolverine Asset Management LLC purchased a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the 4th quarter valued at approximately $990,000. CFO4Life L.P. acquired a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the 4th quarter worth approximately $679,000. Finally, Elequin Securities LLC purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter worth approximately $465,000.

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

(Get Rating)

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-end investment fund, which engages in the investment in a portfolio of common stocks and write of call options. The company was founded on April 29, 2005 and is headquartered in Boston, MA.