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

by · The Cerbat Gem

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG – Get Free Report) saw a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 11,572 shares, a decrease of 69.6% from the April 30th total of 38,081 shares. Based on an average daily trading volume, of 155,342 shares, the short-interest ratio is currently 0.1 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

NYSE:ETG traded up $0.11 on Friday, reaching $23.35. The stock had a trading volume of 108,290 shares, compared to its average volume of 138,913. The company has a 50-day moving average of $21.73 and a 200 day moving average of $22.29. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12-month low of $19.34 and a 12-month high of $23.67.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.1293 dividend. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend was Friday, May 15th.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several large investors have recently modified their holdings of ETG. Northwestern Mutual Wealth Management Co. lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 18,053.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 616,507 shares of the company’s stock worth $14,941,000 after purchasing an additional 613,111 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% during the first quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock worth $29,350,000 after purchasing an additional 155,996 shares during the last quarter. Morgan Stanley lifted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 3.7% during the fourth quarter. Morgan Stanley now owns 2,631,728 shares of the company’s stock worth $60,793,000 after purchasing an additional 94,796 shares during the last quarter. Arkadios Wealth Advisors bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the first quarter worth about $1,786,000. Finally, Readystate Asset Management LP bought a new position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the first quarter worth about $1,624,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

(Get Free Report)

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.

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