Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $14.37 and traded as high as $14.50. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.29, with a volume of 293,762 shares changing hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Performance

The company has a 50 day simple moving average of $14.37 and a 200 day simple moving average of $14.01.

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

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.0993 per share. This represents a $1.19 annualized dividend and a dividend yield of 8.34%. The ex-dividend date of this dividend is Friday, February 14th.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Park Place Capital Corp acquired a new stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the fourth quarter valued at about $29,000. Hazlett Burt & Watson Inc. raised its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 131.2% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 2,418 shares of the financial services provider’s stock worth $34,000 after buying an additional 1,372 shares in the last quarter. Vermillion Wealth Management Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the 4th quarter valued at approximately $40,000. Mountain Hill Investment Partners Corp. purchased a new stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund in the fourth quarter valued at approximately $66,000. Finally, BankPlus Trust Department acquired a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the fourth quarter worth $80,000.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

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.