PMG Family Office LLC Takes $1.86 Million Position in Eaton Vance Enhanced Equity Income Fund II $EOS

PMG Family Office LLC bought a new position in shares of Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) during the 3rd quarter, HoldingsChannel reports. The fund bought 77,615 shares of the company’s stock, valued at approximately $1,857,000. Eaton Vance Enhanced Equity Income Fund II accounts for approximately 2.1% of PMG Family Office LLC’s holdings, making the stock its 11th largest holding.

A number of other hedge funds also recently modified their holdings of the stock. Geneos Wealth Management Inc. raised its stake in Eaton Vance Enhanced Equity Income Fund II by 44.2% in the second quarter. Geneos Wealth Management Inc. now owns 1,761 shares of the company’s stock valued at $43,000 after purchasing an additional 540 shares in the last quarter. Kentucky Trust Co lifted its position in Eaton Vance Enhanced Equity Income Fund II by 23.6% during the third quarter. Kentucky Trust Co now owns 2,225 shares of the company’s stock worth $53,000 after purchasing an additional 425 shares during the period. City Holding Co. grew its stake in Eaton Vance Enhanced Equity Income Fund II by 138.9% during the third quarter. City Holding Co. now owns 2,293 shares of the company’s stock worth $55,000 after buying an additional 1,333 shares in the last quarter. Bessemer Group Inc. acquired a new stake in Eaton Vance Enhanced Equity Income Fund II during the third quarter worth about $84,000. Finally, Allworth Financial LP bought a new position in Eaton Vance Enhanced Equity Income Fund II in the 2nd quarter valued at about $150,000.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

Shares of NYSEARCA:EOS opened at $20.91 on Thursday. The firm has a 50 day moving average of $22.15 and a 200-day moving average of $22.96. Eaton Vance Enhanced Equity Income Fund II has a 12 month low of $17.56 and a 12 month high of $24.49.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Monday, March 16th will be paid a $0.1523 dividend. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Monday, March 16th.

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. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.