Short Interest in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Drops By 21.2%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant decline in short interest in February. As of February 28th, there was short interest totalling 10,800 shares, a decline of 21.2% from the February 13th total of 13,700 shares. Based on an average trading volume of 26,100 shares, the days-to-cover ratio is currently 0.4 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

ETO traded up $0.34 on Monday, hitting $25.17. The company had a trading volume of 18,093 shares, compared to its average volume of 26,279. The stock has a fifty day moving average price of $25.65 and a 200-day moving average price of $25.82. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 12-month low of $23.50 and a 12-month high of $27.00.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.1733 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.26%.

Insider Activity at Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

In related news, insider Keith Quinton bought 5,000 shares of the business’s stock in a transaction on Thursday, February 20th. The shares were bought at an average price of $26.10 per share, for a total transaction of $130,500.00. Following the completion of the purchase, the insider now directly owns 6,000 shares of the company’s stock, valued at approximately $156,600. This trade represents a 500.00 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Portfolio Manager Derek Digregorio bought 980 shares of the business’s stock in a transaction on Wednesday, February 26th. The stock was bought at an average price of $25.98 per share, for a total transaction of $25,460.40. Following the purchase, the portfolio manager now directly owns 980 shares of the company’s stock, valued at $25,460.40. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Large investors have recently modified their holdings of the business. Steward Partners Investment Advisory LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock worth $263,000 after acquiring an additional 5,610 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the fourth quarter worth about $313,000. Cetera Investment Advisers lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% during the fourth quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock worth $319,000 after purchasing an additional 877 shares during the period. Envestnet Asset Management Inc. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 14,946 shares of the investment management company’s stock worth $378,000 after purchasing an additional 2,141 shares during the period. Finally, Silver Oak Securities Incorporated lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 9.9% during the fourth quarter. Silver Oak Securities Incorporated now owns 17,252 shares of the investment management company’s stock worth $434,000 after purchasing an additional 1,556 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies.