Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update
by Teresa Graham · The Cerbat GemEaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG – Get Free Report) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 16,139 shares, an increase of 81.4% from the June 15th total of 8,896 shares. Based on an average trading volume of 107,224 shares, the short-interest ratio is currently 0.2 days.
Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 0.5%
Shares of NYSE ETG traded down $0.12 during mid-day trading on Friday, reaching $23.01. The company had a trading volume of 50,397 shares, compared to its average volume of 129,064. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a twelve month low of $19.34 and a twelve month high of $23.76. The stock’s 50 day moving average is $23.05 and its 200-day moving average is $22.53.
Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which will be paid on Friday, July 31st. Shareholders of record on Wednesday, July 15th will be paid a $0.1293 dividend. The ex-dividend date is Wednesday, July 15th. This represents a c) dividend on an annualized basis and a yield of 6.7%.
Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund
Institutional investors have recently made changes to their positions in the company. Harbour Investments Inc. increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% in the fourth quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock worth $38,000 after buying an additional 1,391 shares during the last quarter. Farther Finance Advisors LLC raised its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 90.9% during the fourth quarter. Farther Finance Advisors LLC now owns 2,100 shares of the company’s stock valued at $49,000 after acquiring an additional 1,000 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the first quarter valued at approximately $62,000. Allworth Financial LP lifted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 37.8% in the third quarter. Allworth Financial LP now owns 4,880 shares of the company’s stock valued at $103,000 after acquiring an additional 1,338 shares during the last quarter. Finally, Advisory Services Network LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the third quarter worth approximately $130,000.
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.
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