Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Declares $0.13 Monthly Dividend

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) announced a monthly dividend on Monday, February 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of 0.1293 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Down 0.4%

Shares of NYSE ETG traded down $0.09 during mid-day trading on Tuesday, reaching $23.53. The company had a trading volume of 34,839 shares, compared to its average volume of 126,182. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 52 week low of $15.04 and a 52 week high of $23.67. The business’s 50-day moving average is $22.80 and its 200-day moving average is $21.74.

Insider Activity

In related news, Portfolio Manager Derek Digregorio sold 1,417 shares of the stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $22.30, for a total value of $31,599.10. Following the transaction, the portfolio manager owned 1 shares of the company’s stock, valued at $22.30. This represents a 99.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

A number of hedge funds have recently added to or reduced their stakes in ETG. Baird Financial Group Inc. purchased a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter valued at about $186,000. Royal Bank of Canada boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.0% during the first quarter. Royal Bank of Canada now owns 213,733 shares of the company’s stock valued at $3,894,000 after purchasing an additional 10,266 shares in the last quarter. Jane Street Group LLC increased its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 23.6% during the first quarter. Jane Street Group LLC now owns 15,798 shares of the company’s stock valued at $288,000 after buying an additional 3,015 shares during the period. Ameritas Advisory Services LLC bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth approximately $26,000. Finally, Accel Wealth Management bought a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the second quarter worth approximately $203,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

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.