Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Down 28.7% in February

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) saw a significant decline in short interest in February. As of February 28th, there was short interest totalling 23,800 shares, a decline of 28.7% from the February 13th total of 33,400 shares. Based on an average trading volume of 131,900 shares, the short-interest ratio is presently 0.2 days.

Insider Buying and Selling

In other Eaton Vance Tax-Advantaged Dividend Income Fund news, insider Keith Quinton purchased 8,000 shares of the firm’s stock in a transaction on Thursday, February 20th. The shares were purchased at an average cost of $24.24 per share, with a total value of $193,920.00. Following the completion of the purchase, the insider now owns 8,000 shares of the company’s stock, valued at $193,920. The trade was a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Institutional Trading of Eaton Vance Tax-Advantaged Dividend Income Fund

Institutional investors have recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new stake in Eaton Vance Tax-Advantaged Dividend Income Fund during the 4th quarter valued at $16,252,000. Wells Fargo & Company MN raised its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 2.2% during the fourth quarter. Wells Fargo & Company MN now owns 644,068 shares of the closed-end fund’s stock valued at $15,490,000 after acquiring an additional 14,161 shares during the last quarter. 1607 Capital Partners LLC boosted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 11.4% during the fourth quarter. 1607 Capital Partners LLC now owns 587,126 shares of the closed-end fund’s stock worth $14,120,000 after purchasing an additional 59,916 shares during the period. LPL Financial LLC grew its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 27.3% in the fourth quarter. LPL Financial LLC now owns 394,509 shares of the closed-end fund’s stock worth $9,488,000 after purchasing an additional 84,585 shares during the last quarter. Finally, Guggenheim Capital LLC increased its holdings in Eaton Vance Tax-Advantaged Dividend Income Fund by 7.9% during the 4th quarter. Guggenheim Capital LLC now owns 359,498 shares of the closed-end fund’s stock valued at $8,646,000 after purchasing an additional 26,371 shares during the period.

Eaton Vance Tax-Advantaged Dividend Income Fund Trading Up 1.7 %

Shares of NYSE EVT traded up $0.38 during midday trading on Monday, reaching $23.33. The company had a trading volume of 261,316 shares, compared to its average volume of 115,901. Eaton Vance Tax-Advantaged Dividend Income Fund has a one year low of $22.29 and a one year high of $25.83. The firm’s fifty day moving average price is $24.06 and its 200-day moving average price is $24.38.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.1646 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.98 annualized dividend and a yield of 8.47%.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

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.