Cwm LLC Purchases New Stake in Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS)

Cwm LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 17,400 shares of the company’s stock, valued at approximately $367,000.

Several other hedge funds have also added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. bought a new position in Eaton Vance Enhanced Equity Income Fund II in the first quarter valued at about $64,000. Concurrent Investment Advisors LLC lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 6.5% in the first quarter. Concurrent Investment Advisors LLC now owns 205,343 shares of the company’s stock valued at $4,333,000 after buying an additional 12,463 shares during the period. Sunbelt Securities Inc. lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 8.9% in the first quarter. Sunbelt Securities Inc. now owns 116,734 shares of the company’s stock valued at $2,463,000 after buying an additional 9,514 shares during the period. Spire Wealth Management lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 8.0% in the first quarter. Spire Wealth Management now owns 10,710 shares of the company’s stock valued at $226,000 after buying an additional 794 shares during the period. Finally, Global Assets Advisory LLC lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 192.1% in the first quarter. Global Assets Advisory LLC now owns 151,413 shares of the company’s stock valued at $3,039,000 after buying an additional 99,570 shares during the period.

Eaton Vance Enhanced Equity Income Fund II Price Performance

NYSEARCA:EOS opened at $24.25 on Friday. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $17.56 and a 1-year high of $24.98. The business’s 50-day moving average price is $23.57 and its two-hundred day moving average price is $22.81.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be paid a $0.1523 dividend. This represents a $1.83 annualized dividend and a yield of 7.54%. The ex-dividend date is Tuesday, July 15th.

Eaton Vance Enhanced Equity Income Fund II Company Profile

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.