Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Share Price Passes Below 50 Day Moving Average of $13.48

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $13.48 and traded as low as $13.13. Eaton Vance Tax-Managed Buy-Write Income Fund shares last traded at $13.21, with a volume of 50,738 shares changing hands.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 1.1 %

The business’s 50 day simple moving average is $13.48 and its two-hundred day simple moving average is $13.06.

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

The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.106 per share. This is a positive change from Eaton Vance Tax-Managed Buy-Write Income Fund’s previous monthly dividend of $0.09. This represents a $1.27 dividend on an annualized basis and a dividend yield of 9.63%. The ex-dividend date of this dividend is Monday, April 22nd.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Parallel Advisors LLC lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 23.2% during the fourth quarter. Parallel Advisors LLC now owns 8,467 shares of the financial services provider’s stock valued at $110,000 after purchasing an additional 1,595 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the third quarter valued at about $164,000. Integrated Capital Management Inc. bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter valued at about $176,000. Kestra Private Wealth Services LLC bought a new position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the third quarter valued at about $180,000. Finally, AEGON USA Investment Management LLC lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 29.8% during the fourth quarter. AEGON USA Investment Management LLC now owns 21,756 shares of the financial services provider’s stock valued at $282,000 after purchasing an additional 5,000 shares in the last quarter.

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

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.