Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Trading Up 0.7%

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) shares were up 0.7% on Wednesday . The company traded as high as $21.61 and last traded at $21.61. Approximately 63,445 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 84,573 shares. The stock had previously closed at $21.46.

Eaton Vance Enhanced Equity Income Fund II Stock Up 0.7 %

The business’s 50 day moving average price is $20.69 and its two-hundred day moving average price is $19.92.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 21st will be given a dividend of $0.1523 per share. The ex-dividend date is Friday, June 21st. This represents a $1.83 annualized dividend and a yield of 8.46%.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

Several hedge funds have recently added to or reduced their stakes in EOS. Commonwealth Equity Services LLC increased its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 39.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 252,759 shares of the company’s stock valued at $5,098,000 after acquiring an additional 71,298 shares in the last quarter. Advisors Asset Management Inc. increased its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 32.6% in the 1st quarter. Advisors Asset Management Inc. now owns 273,143 shares of the company’s stock valued at $5,509,000 after acquiring an additional 67,122 shares in the last quarter. Cornerstone Advisors LLC increased its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 6.0% in the 1st quarter. Cornerstone Advisors LLC now owns 695,027 shares of the company’s stock valued at $14,019,000 after acquiring an additional 39,114 shares in the last quarter. Karpus Management Inc. increased its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 8.7% in the 1st quarter. Karpus Management Inc. now owns 464,371 shares of the company’s stock valued at $9,366,000 after acquiring an additional 37,235 shares in the last quarter. Finally, Raymond James & Associates increased its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 10.3% in the 1st quarter. Raymond James & Associates now owns 236,060 shares of the company’s stock valued at $4,761,000 after acquiring an additional 22,136 shares in the last quarter.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies.