Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) was the recipient of a large decline in short interest in the month of November. As of November 30th, there was short interest totalling 37,800 shares, a decline of 33.2% from the November 15th total of 56,600 shares. Based on an average daily volume of 104,600 shares, the short-interest ratio is presently 0.4 days.

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

Large investors have recently bought and sold shares of the company. Stratos Wealth Partners LTD. lifted its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 3.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 364,005 shares of the closed-end fund’s stock worth $8,987,000 after acquiring an additional 10,461 shares during the period. Summit Investment Advisory Services LLC acquired a new stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund in the 3rd quarter valued at $890,000. Creative Planning increased its stake in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 4.8% in the 2nd quarter. Creative Planning now owns 19,183 shares of the closed-end fund’s stock valued at $447,000 after purchasing an additional 882 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 2nd quarter worth $682,000. Finally, Cetera Investment Advisers lifted its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 11.4% during the 2nd quarter. Cetera Investment Advisers now owns 92,661 shares of the closed-end fund’s stock worth $2,158,000 after buying an additional 9,480 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of NYSE:EVT opened at $24.63 on Friday. The company’s 50 day moving average price is $24.87 and its two-hundred day moving average price is $24.15. Eaton Vance Tax-Advantaged Dividend Income Fund has a 12-month low of $21.70 and a 12-month high of $25.83.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.1646 per share. This represents a $1.98 annualized dividend and a dividend yield of 8.02%. The ex-dividend date of this dividend is Monday, December 23rd.

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.