Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Shares Pass Above Fifty Day Moving Average of $8.00

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $8.00 and traded as high as $8.05. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $8.04, with a volume of 423,398 shares traded.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Up 1.6 %

The business’s fifty day moving average is $8.01 and its 200 day moving average is $7.73.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be issued a $0.066 dividend. The ex-dividend date is Monday, April 22nd. This represents a $0.79 annualized dividend and a dividend yield of 9.85%. This is a boost from Eaton Vance Tax-Managed Global Diversified Equity Income Fund’s previous monthly dividend of $0.06.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Harbor Investment Advisory LLC boosted its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 103.0% in the 4th quarter. Harbor Investment Advisory LLC now owns 3,350 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 1,700 shares during the period. Princeton Global Asset Management LLC boosted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 385.2% in the third quarter. Princeton Global Asset Management LLC now owns 4,609 shares of the financial services provider’s stock worth $34,000 after buying an additional 3,659 shares during the period. LWM Advisory Services LLC purchased a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the third quarter worth approximately $45,000. Stonebridge Capital Advisors LLC purchased a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the third quarter worth approximately $49,000. Finally, NBC Securities Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the third quarter valued at approximately $58,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income 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 stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.