Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Stock Crosses Above 50-Day Moving Average of $12.58

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $12.58 and traded as high as $12.74. Eaton Vance Tax-Managed Buy-Write Income Fund shares last traded at $12.64, with a volume of 53,991 shares changing hands.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Down 0.2 %

The firm’s fifty day moving average is $12.57 and its two-hundred day moving average is $13.10.

Eaton Vance Tax-Managed Buy-Write Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 22nd will be issued a $0.0932 dividend. The ex-dividend date is Tuesday, November 21st. This is a positive change from Eaton Vance Tax-Managed Buy-Write Income Fund’s previous monthly dividend of $0.09. This represents a $1.12 annualized dividend and a dividend yield of 8.85%.

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

A number of hedge funds have recently bought and sold shares of the business. Captrust Financial Advisors bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund in the 2nd quarter valued at $35,000. Worth Asset Management LLC bought a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter valued at about $40,000. JPMorgan Chase & Co. purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth about $51,000. Jane Street Group LLC purchased a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter worth approximately $137,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund in the third quarter worth $164,000.

About Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Managed Buy-Write Income 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.