Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Price Passes Above Fifty Day Moving Average – What’s Next?

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $14.45 and traded as high as $14.70. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $14.60, with a volume of 77,461 shares changing hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Trading Up 0.6%

The firm has a 50-day simple moving average of $14.49 and a 200-day simple moving average of $14.41.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.0993 per share. This represents a c) annualized dividend and a yield of 8.1%. The ex-dividend date of this dividend is Monday, June 15th.

Institutional Trading of Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. HBK Sorce Advisory LLC boosted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.7% during the 4th quarter. HBK Sorce Advisory LLC now owns 26,747 shares of the financial services provider’s stock valued at $392,000 after acquiring an additional 700 shares in the last quarter. WCG Wealth Advisors LLC boosted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 2.0% during the 3rd quarter. WCG Wealth Advisors LLC now owns 45,360 shares of the financial services provider’s stock valued at $646,000 after acquiring an additional 884 shares in the last quarter. Stifel Financial Corp boosted its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.2% during the 4th quarter. Stifel Financial Corp now owns 76,451 shares of the financial services provider’s stock valued at $1,098,000 after acquiring an additional 899 shares in the last quarter. CoreCap Advisors LLC boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 69.2% in the 4th quarter. CoreCap Advisors LLC now owns 2,446 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.8% in the 4th quarter. Focus Financial Network Inc. now owns 55,863 shares of the financial services provider’s stock worth $802,000 after purchasing an additional 1,006 shares in the last quarter.

About Eaton Vance Tax-Managed Buy-Write Opportunities Fund

The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) is a closed-end management investment company that seeks to provide a high level of current income and capital appreciation while seeking to manage the tax consequences of fund distributions. The fund employs a buy-write, or covered call, strategy on a portfolio of primarily large-cap U.S. equities to generate option premium income and to potentially enhance overall total returns. Equity holdings are selected based on fundamental analysis, with an emphasis on high-quality issuers across various sectors.

In constructing its portfolio, ETV integrates a systematic options overlay designed to capture premiums from writing call options on the underlying stock positions.