Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $13.53 and traded as high as $13.90. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $13.83, with a volume of 85,438 shares changing hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Price Performance

The business’s fifty day simple moving average is $13.54 and its two-hundred day simple moving average is $13.28.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 23rd will be given a dividend of $0.099 per share. The ex-dividend date of this dividend is Wednesday, October 23rd. This represents a $1.19 dividend on an annualized basis and a yield of 8.53%.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Opportunities Fund

A number of institutional investors and hedge funds have recently made changes to their positions in ETV. Oliver Lagore Vanvalin Investment Group lifted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 200.0% in the second quarter. Oliver Lagore Vanvalin Investment Group now owns 3,000 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 2,000 shares in the last quarter. Carolinas Wealth Consulting LLC increased its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 159.1% in the second quarter. Carolinas Wealth Consulting LLC now owns 5,809 shares of the financial services provider’s stock valued at $79,000 after purchasing an additional 3,567 shares during the last quarter. Avion Wealth purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the second quarter worth approximately $102,000. Olistico Wealth LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the second quarter worth $115,000. Finally, Westend Capital Management LLC purchased a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 1st quarter valued at $143,000.

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

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.