Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Price Passes Above 50-Day Moving Average – Here’s Why

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.85 and traded as high as $14.28. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.25, with a volume of 143,551 shares trading hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Down 0.3 %

The stock’s 50 day moving average is $13.87 and its two-hundred day moving average is $13.50.

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

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Thursday, November 21st will be given a $0.0993 dividend. This is a boost from Eaton Vance Tax-Managed Buy-Write Opportunities Fund’s previous monthly dividend of $0.10. The ex-dividend date is Thursday, November 21st. This represents a $1.19 dividend on an annualized basis and a dividend yield of 8.42%.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Cetera Advisors LLC grew its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 214.4% during the 1st quarter. Cetera Advisors LLC now owns 41,485 shares of the financial services provider’s stock valued at $536,000 after acquiring an additional 28,291 shares during the period. Olistico Wealth LLC purchased a new position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at approximately $115,000. Outlook Wealth Advisors LLC boosted its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 161.8% during the 2nd quarter. Outlook Wealth Advisors LLC now owns 111,664 shares of the financial services provider’s stock worth $1,526,000 after purchasing an additional 69,016 shares during the last quarter. Focus Financial Network Inc. grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.1% during the second quarter. Focus Financial Network Inc. now owns 50,495 shares of the financial services provider’s stock worth $691,000 after buying an additional 1,501 shares in the last quarter. Finally, Investment Planning Advisors Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the second quarter valued at about $2,093,000.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

Eaton Vance Tax-Managed Buy-Write Opportunities 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.