Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Trading 0.9% Higher

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) shot up 0.9% during mid-day trading on Tuesday . The stock traded as high as $20.76 and last traded at $20.70. 112,679 shares were traded during trading, an increase of 29% from the average session volume of 87,311 shares. The stock had previously closed at $20.52.

Eaton Vance Enhanced Equity Income Fund II Trading Up 0.9 %

The stock’s fifty day simple moving average is $20.04 and its 200 day simple moving average is $19.06.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Stockholders of record on Friday, May 24th will be paid a $0.1523 dividend. The ex-dividend date is Thursday, May 23rd. This represents a $1.83 annualized dividend and a dividend yield of 8.83%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EOS. Oppenheimer & Co. Inc. raised its position in shares of Eaton Vance Enhanced Equity Income Fund II by 6.3% during the 1st quarter. Oppenheimer & Co. Inc. now owns 23,589 shares of the company’s stock valued at $476,000 after purchasing an additional 1,397 shares during the period. Hartline Investment Corp purchased a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the first quarter valued at about $241,000. Macroview Investment Management LLC boosted its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 316.7% in the first quarter. Macroview Investment Management LLC now owns 1,250 shares of the company’s stock worth $25,000 after acquiring an additional 950 shares during the period. Commonwealth Equity Services LLC grew its position in shares of Eaton Vance Enhanced Equity Income Fund II by 39.3% during the first quarter. Commonwealth Equity Services LLC now owns 252,759 shares of the company’s stock worth $5,098,000 after purchasing an additional 71,298 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its stake in Eaton Vance Enhanced Equity Income Fund II by 1.9% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 366,291 shares of the company’s stock valued at $7,388,000 after purchasing an additional 6,707 shares during the period.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies.