Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Stock Crosses Above Fifty Day Moving Average – Here’s What Happened

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.76 and traded as high as $15.31. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $15.1050, with a volume of 95,705 shares changing hands.

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

The business has a 50-day moving average of $14.76 and a 200-day moving average of $14.50.

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

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 31st. Stockholders of record on Wednesday, July 15th will be issued a $0.0993 dividend. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Wednesday, July 15th.

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

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