Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Down 58.7% in March

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totalling 9,200 shares, a decline of 58.7% from the March 15th total of 22,300 shares. Based on an average daily trading volume, of 28,200 shares, the days-to-cover ratio is presently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund stock opened at $23.63 on Wednesday. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $20.05 and a 1 year high of $27.00. The firm has a 50 day moving average price of $24.81 and a 200 day moving average price of $25.51.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be issued a dividend of $0.1733 per share. The ex-dividend date is Tuesday, April 15th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.80%.

Insider Transactions at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In other Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund news, Portfolio Manager Derek Digregorio acquired 980 shares of the stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average price of $25.98 per share, with a total value of $25,460.40. Following the completion of the transaction, the portfolio manager now directly owns 980 shares in the company, valued at approximately $25,460.40. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Keith Quinton bought 5,000 shares of the company’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 purchase, the insider now directly owns 6,000 shares of the company’s stock, valued at approximately $156,600. The trade was a 500.00 % increase in their position. The disclosure for this purchase can be found here.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. NBC Securities Inc. raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 24,025.0% in the 1st quarter. NBC Securities Inc. now owns 1,930 shares of the investment management company’s stock worth $47,000 after purchasing an additional 1,922 shares during the period. Steward Partners Investment Advisory LLC increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock worth $263,000 after purchasing an additional 5,610 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 4th quarter worth approximately $313,000. Cetera Investment Advisers raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% in the fourth quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock valued at $319,000 after buying an additional 877 shares during the period. Finally, Envestnet Asset Management Inc. lifted its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,946 shares of the investment management company’s stock valued at $378,000 after buying an additional 2,141 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

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.