Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 23,827 shares, an increase of 76.0% from the August 15th total of 13,538 shares. Based on an average daily trading volume, of 79,184 shares, the short-interest ratio is presently 0.3 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

Shares of ETG opened at $23.05 on Friday. The company’s 50 day simple moving average is $23.70 and its 200-day simple moving average is $22.70. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12-month low of $19.34 and a 12-month high of $24.71.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be paid a $0.1293 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 6.7%.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the 2nd quarter valued at about $1,205,000. NewEdge Advisors LLC lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 252.2% during the 2nd quarter. NewEdge Advisors LLC now owns 18,436 shares of the company’s stock worth $434,000 after acquiring an additional 13,202 shares during the period. Susquehanna International Group LLP grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 64.8% in the 2nd quarter. Susquehanna International Group LLP now owns 17,570 shares of the company’s stock valued at $414,000 after purchasing an additional 6,911 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock valued at $72,000 after purchasing an additional 434 shares during the period. Finally, Bank of America Corp DE increased its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 12.0% in the first quarter. Bank of America Corp DE now owns 1,458,769 shares of the company’s stock valued at $29,350,000 after purchasing an additional 155,996 shares during the period.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.