Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 58,975 shares, an increase of 22.2% from the January 15th total of 48,256 shares. Based on an average trading volume of 114,861 shares, the days-to-cover ratio is presently 0.5 days. Based on an average trading volume of 114,861 shares, the days-to-cover ratio is presently 0.5 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Down 0.0%

Shares of ETG opened at $23.08 on Tuesday. The business’s 50 day moving average is $22.99 and its two-hundred day moving average is $21.91. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 52-week low of $15.04 and a 52-week high of $23.67.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.1293 per share. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Tuesday, February 17th.

Insider Activity

In related news, Portfolio Manager Derek Digregorio sold 1,417 shares of the stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $22.30, for a total value of $31,599.10. Following the completion of the transaction, the portfolio manager owned 1 shares of the company’s stock, valued at approximately $22.30. This represents a 99.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Accel Wealth Management lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 7.6% during the third quarter. Accel Wealth Management now owns 10,408 shares of the company’s stock worth $220,000 after purchasing an additional 736 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the second quarter valued at $65,000. WCG Wealth Advisors LLC raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 73.8% during the second quarter. WCG Wealth Advisors LLC now owns 22,209 shares of the company’s stock worth $465,000 after purchasing an additional 9,429 shares during the period. WealthTrust Axiom LLC raised its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 2.1% during the second quarter. WealthTrust Axiom LLC now owns 128,344 shares of the company’s stock worth $2,688,000 after purchasing an additional 2,665 shares during the period. Finally, Level Four Advisory Services LLC bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter worth about $234,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.