Eaton Vance Tax-Managed Buy-Write Opportunities Fund Declares Monthly Dividend of $0.10 (NYSE:ETV)

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) declared a monthly dividend on Monday, June 1st. Stockholders of record on Monday, June 15th will be given a dividend of 0.0993 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date is Monday, June 15th.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Performance

ETV stock opened at $14.90 on Tuesday. The stock’s 50 day moving average is $14.29 and its 200-day moving average is $14.37. Eaton Vance Tax-Managed Buy-Write Opportunities Fund has a twelve month low of $13.13 and a twelve month high of $14.95.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Several hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the first quarter worth about $152,000. Invesco Ltd. grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 3.4% during the second quarter. Invesco Ltd. now owns 1,518,509 shares of the financial services provider’s stock worth $21,062,000 after buying an additional 50,208 shares in the last quarter. Gamco Investors INC. ET AL purchased a new position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund during the second quarter worth about $455,000. Raymond James Financial Inc. grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 0.3% during the second quarter. Raymond James Financial Inc. now owns 984,979 shares of the financial services provider’s stock worth $13,662,000 after buying an additional 3,272 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 6.5% during the second quarter. Bank of America Corp DE now owns 773,562 shares of the financial services provider’s stock worth $10,729,000 after buying an additional 47,136 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.