Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Short Interest Down 21.2% in February

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) was the recipient of a significant drop in short interest in February. As of February 28th, there was short interest totalling 10,800 shares, a drop of 21.2% from the February 13th total of 13,700 shares. Based on an average daily trading volume, of 26,100 shares, the short-interest ratio is presently 0.4 days.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Price Performance

Shares of ETO traded up $0.20 during mid-day trading on Wednesday, reaching $25.24. The company’s stock had a trading volume of 14,995 shares, compared to its average volume of 26,240. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has a 1 year low of $23.50 and a 1 year high of $27.00. The business has a fifty day moving average of $25.64 and a 200 day moving average of $25.80.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.1733 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 8.24%.

Insiders Place Their Bets

In related news, insider Keith Quinton purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 20th. The stock was acquired at an average price of $26.10 per share, for a total transaction of $130,500.00. Following the transaction, the insider now directly owns 6,000 shares of the company’s stock, valued at $156,600. This trade represents a 500.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Portfolio Manager Derek Digregorio bought 980 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was purchased at an average price of $25.98 per share, with a total value of $25,460.40. Following the completion of the acquisition, the portfolio manager now owns 980 shares of the company’s stock, valued at approximately $25,460.40. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

A number of hedge funds have recently made changes to their positions in ETO. Steward Partners Investment Advisory LLC grew its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 116.9% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 10,410 shares of the investment management company’s stock valued at $263,000 after purchasing an additional 5,610 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund during the 4th quarter valued at $313,000. Cetera Investment Advisers grew its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 7.5% during the 4th quarter. Cetera Investment Advisers now owns 12,614 shares of the investment management company’s stock valued at $319,000 after acquiring an additional 877 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 16.7% in the fourth quarter. Envestnet Asset Management Inc. now owns 14,946 shares of the investment management company’s stock worth $378,000 after acquiring an additional 2,141 shares during the last quarter. Finally, Silver Oak Securities Incorporated increased its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 9.9% in the fourth quarter. Silver Oak Securities Incorporated now owns 17,252 shares of the investment management company’s stock worth $434,000 after acquiring an additional 1,556 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.