Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Stock Price Passes Below 200 Day Moving Average of $23.40

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $23.40 and traded as low as $23.33. Eaton Vance Tax-Advantaged Dividend Income Fund shares last traded at $23.84, with a volume of 152,967 shares trading hands.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Up 0.8 %

The firm has a fifty day moving average price of $23.86 and a two-hundred day moving average price of $23.40.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 20th will be paid a $0.1646 dividend. The ex-dividend date of this dividend is Friday, September 20th. This represents a $1.98 dividend on an annualized basis and a yield of 8.24%.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

A number of large investors have recently made changes to their positions in the stock. Emprise Bank purchased a new position in Eaton Vance Tax-Advantaged Dividend Income Fund in the 1st quarter worth about $245,000. Tucker Asset Management LLC purchased a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund in the 4th quarter valued at about $463,000. Cohen & Steers Inc. grew its stake in Eaton Vance Tax-Advantaged Dividend Income Fund by 23.9% in the 4th quarter. Cohen & Steers Inc. now owns 259,013 shares of the closed-end fund’s stock worth $5,763,000 after acquiring an additional 50,000 shares in the last quarter. Flow State Investments L.P. purchased a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the fourth quarter worth approximately $2,068,000. Finally, Karpus Management Inc. increased its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 119.5% during the fourth quarter. Karpus Management Inc. now owns 578,381 shares of the closed-end fund’s stock worth $12,869,000 after acquiring an additional 314,894 shares during the period.

About Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.