Advisors Asset Management Inc. Sells 130,607 Shares of Eaton Vance Enhanced Equity Income Fund II $EOS

Advisors Asset Management Inc. lowered its stake in shares of Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) by 32.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 268,709 shares of the company’s stock after selling 130,607 shares during the quarter. Advisors Asset Management Inc.’s holdings in Eaton Vance Enhanced Equity Income Fund II were worth $6,430,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. bought a new stake in shares of Eaton Vance Enhanced Equity Income Fund II during the 1st quarter valued at $245,000. Jane Street Group LLC bought a new stake in Eaton Vance Enhanced Equity Income Fund II during the first quarter worth about $808,000. Janney Montgomery Scott LLC grew its stake in Eaton Vance Enhanced Equity Income Fund II by 12.8% during the second quarter. Janney Montgomery Scott LLC now owns 15,104 shares of the company’s stock worth $366,000 after buying an additional 1,713 shares in the last quarter. Apollon Wealth Management LLC bought a new position in Eaton Vance Enhanced Equity Income Fund II in the 2nd quarter valued at about $220,000. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the 2nd quarter valued at approximately $939,000.

Eaton Vance Enhanced Equity Income Fund II Stock Down 1.0%

Shares of Eaton Vance Enhanced Equity Income Fund II stock opened at $21.98 on Friday. The company has a 50 day moving average of $22.74 and a 200-day moving average of $23.34. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $17.56 and a 1-year high of $24.69.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be given a dividend of $0.1523 per share. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Enhanced Equity Income Fund II 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. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.