Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE:ETO) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $25.62 and traded as low as $25.48. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund shares last traded at $25.74, with a volume of 16,231 shares trading hands.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Stock Performance

The business’s 50 day moving average price is $26.00 and its 200-day moving average price is $25.62.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Thursday, November 21st will be given a dividend of $0.1733 per share. The ex-dividend date is Thursday, November 21st. This is an increase from Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund’s previous monthly dividend of $0.17. This represents a $2.08 annualized dividend and a yield of 8.08%.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Cetera Advisors LLC bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund in the 1st quarter valued at $212,000. Private Advisor Group LLC boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 5.5% in the third quarter. Private Advisor Group LLC now owns 14,116 shares of the investment management company’s stock valued at $375,000 after acquiring an additional 741 shares during the period. Shaker Financial Services LLC boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 5.1% in the second quarter. Shaker Financial Services LLC now owns 22,527 shares of the investment management company’s stock valued at $574,000 after acquiring an additional 1,102 shares during the period. Wolverine Asset Management LLC grew its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 111.8% in the third quarter. Wolverine Asset Management LLC now owns 38,692 shares of the investment management company’s stock valued at $1,027,000 after acquiring an additional 20,422 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its position in Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund by 2.4% during the second quarter. Hennion & Walsh Asset Management Inc. now owns 43,357 shares of the investment management company’s stock worth $1,106,000 after acquiring an additional 1,023 shares during the period.

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.