Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Trading 0.1% Higher – Here’s What Happened

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI)’s share price was up 0.1% on Tuesday . The company traded as high as $21.00 and last traded at $20.95. Approximately 95,414 shares changed hands during trading, an increase of 32% from the average daily volume of 72,143 shares. The stock had previously closed at $20.92.

Eaton Vance Enhanced Equity Income Fund Stock Up 0.1%

The company’s 50 day simple moving average is $21.17 and its 200-day simple moving average is $20.07.

Eaton Vance Enhanced Equity Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $0.1338 per share. This represents a c) annualized dividend and a yield of 7.7%. The ex-dividend date was Monday, September 15th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. NBC Securities Inc. increased its position in shares of Eaton Vance Enhanced Equity Income Fund by 130,850.0% in the first quarter. NBC Securities Inc. now owns 2,619 shares of the company’s stock worth $49,000 after purchasing an additional 2,617 shares during the last quarter. Elequin Capital LP grew its stake in Eaton Vance Enhanced Equity Income Fund by 18.1% in the 1st quarter. Elequin Capital LP now owns 5,514 shares of the company’s stock worth $103,000 after buying an additional 845 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in Eaton Vance Enhanced Equity Income Fund by 127.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 5,772 shares of the company’s stock worth $121,000 after buying an additional 3,236 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 50.4% in the 1st quarter. Farther Finance Advisors LLC now owns 7,088 shares of the company’s stock worth $133,000 after buying an additional 2,375 shares during the last quarter. Finally, Wolverine Asset Management LLC purchased a new stake in shares of Eaton Vance Enhanced Equity Income Fund during the 1st quarter valued at $140,000.

Eaton Vance Enhanced Equity Income Fund Company Profile

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.