Shaker Financial Services LLC Increases Holdings in Eaton Vance Enhanced Equity Income Fund II $EOS

Shaker Financial Services LLC grew its holdings in shares of Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) by 73.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 184,985 shares of the company’s stock after buying an additional 78,443 shares during the quarter. Eaton Vance Enhanced Equity Income Fund II accounts for approximately 1.4% of Shaker Financial Services LLC’s holdings, making the stock its 14th biggest holding. Shaker Financial Services LLC’s holdings in Eaton Vance Enhanced Equity Income Fund II were worth $4,330,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Discipline Wealth Solutions LLC raised its position in Eaton Vance Enhanced Equity Income Fund II by 23.1% in the 4th quarter. Discipline Wealth Solutions LLC now owns 13,391 shares of the company’s stock worth $313,000 after purchasing an additional 2,509 shares during the period. CWM LLC raised its position in Eaton Vance Enhanced Equity Income Fund II by 10.4% in the 4th quarter. CWM LLC now owns 19,253 shares of the company’s stock worth $451,000 after purchasing an additional 1,821 shares during the period. Roman Butler Fullerton & Co. raised its position in Eaton Vance Enhanced Equity Income Fund II by 5.2% in the 4th quarter. Roman Butler Fullerton & Co. now owns 83,620 shares of the company’s stock worth $1,876,000 after purchasing an additional 4,121 shares during the period. Farther Finance Advisors LLC raised its position in Eaton Vance Enhanced Equity Income Fund II by 1,415.1% in the 4th quarter. Farther Finance Advisors LLC now owns 2,515 shares of the company’s stock worth $59,000 after purchasing an additional 2,349 shares during the period. Finally, Stratos Wealth Partners LTD. raised its position in Eaton Vance Enhanced Equity Income Fund II by 1.7% in the 4th quarter. Stratos Wealth Partners LTD. now owns 42,632 shares of the company’s stock worth $998,000 after purchasing an additional 725 shares during the period.

Eaton Vance Enhanced Equity Income Fund II Price Performance

Eaton Vance Enhanced Equity Income Fund II stock opened at $22.06 on Friday. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $19.00 and a 1-year high of $24.49. The company’s 50-day moving average is $21.40 and its 200 day moving average is $22.48.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, April 30th. Investors of record on Wednesday, April 15th will be given a $0.1523 dividend. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Wednesday, April 15th.

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.