Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) to Issue Monthly Dividend of $0.10 on July 31st

by · The Cerbat Gem

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be paid a dividend of 0.0993 per share by the financial services provider on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Up 0.8%

NYSE ETV opened at $15.05 on Friday. The firm’s fifty day moving average price is $14.68 and its two-hundred day moving average price is $14.46. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a fifty-two week low of $13.13 and a fifty-two week high of $15.08.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. HBK Sorce Advisory LLC boosted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 26,747 shares of the financial services provider’s stock worth $392,000 after buying an additional 700 shares during the period. WCG Wealth Advisors LLC increased its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.0% in the 3rd quarter. WCG Wealth Advisors LLC now owns 45,360 shares of the financial services provider’s stock valued at $646,000 after acquiring an additional 884 shares during the period. Stifel Financial Corp raised its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.2% during the fourth quarter. Stifel Financial Corp now owns 76,451 shares of the financial services provider’s stock valued at $1,098,000 after acquiring an additional 899 shares during the last quarter. CoreCap Advisors LLC lifted its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% during the fourth quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 1,000 shares during the period. Finally, Focus Financial Network Inc. grew its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.8% in the fourth quarter. Focus Financial Network Inc. now owns 55,863 shares of the financial services provider’s stock worth $802,000 after purchasing an additional 1,006 shares during the last quarter.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

(Get Free Report)

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.

Read More