Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Stock Crosses Above 50-Day Moving Average – What’s Next?

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $26.02 and traded as high as $26.50. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund shares last traded at $26.30, with a volume of 22,974 shares trading hands.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

The firm has a 50-day moving average price of $26.03 and a 200-day moving average price of $25.73.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 23rd will be issued a dividend of $0.1733 per share. The ex-dividend date is Monday, December 23rd. This represents a $2.08 dividend on an annualized basis and a yield of 7.90%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ETO. Benjamin Edwards Inc. purchased a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the third quarter worth $1,390,000. Advisors Asset Management Inc. grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 6.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 192,830 shares of the investment management company’s stock worth $5,118,000 after acquiring an additional 11,350 shares during the period. Wolverine Asset Management LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 111.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 38,692 shares of the investment management company’s stock worth $1,027,000 after acquiring an additional 20,422 shares during the last quarter. Private Advisor Group LLC raised its stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 5.5% in the 3rd quarter. Private Advisor Group LLC now owns 14,116 shares of the investment management company’s stock valued at $375,000 after acquiring an additional 741 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 1.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 69,081 shares of the investment management company’s stock valued at $1,833,000 after purchasing an additional 1,112 shares during the last quarter.

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.