Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Stock Passes Below 50 Day Moving Average of $14.03

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $14.03 and traded as low as $14.00. Eaton Vance Tax-Managed Buy-Write Income Fund shares last traded at $14.05, with a volume of 75,263 shares trading hands.

Eaton Vance Tax-Managed Buy-Write Income Fund Price Performance

The company’s fifty day simple moving average is $14.03 and its 200 day simple moving average is $13.73.

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

The firm also recently announced a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 22nd will be given a $0.1058 dividend. The ex-dividend date is Thursday, August 22nd. This represents a $1.27 dividend on an annualized basis and a dividend yield of 9.04%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

A number of institutional investors have recently modified their holdings of ETB. Carolinas Wealth Consulting LLC bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth about $48,000. Parallel Advisors LLC lifted its position in Eaton Vance Tax-Managed Buy-Write Income Fund by 23.2% during the fourth quarter. Parallel Advisors LLC now owns 8,467 shares of the financial services provider’s stock worth $110,000 after purchasing an additional 1,595 shares during the period. Diversified LLC bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter worth about $138,000. Integrated Capital Management Inc. bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter worth about $176,000. Finally, Sheaff Brock Investment Advisors LLC lifted its position in Eaton Vance Tax-Managed Buy-Write Income Fund by 14.3% during the first quarter. Sheaff Brock Investment Advisors LLC now owns 14,415 shares of the financial services provider’s stock worth $197,000 after purchasing an additional 1,805 shares during the period.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

Eaton Vance Tax-Managed Buy-Write Income 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.