Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Short Interest Update

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a large drop in short interest in the month of February. As of February 27th, there was short interest totaling 3,988 shares, a drop of 62.4% from the February 12th total of 10,606 shares. Based on an average trading volume of 114,837 shares, the days-to-cover ratio is presently 0.0 days. Based on an average trading volume of 114,837 shares, the days-to-cover ratio is presently 0.0 days.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Trading Up 0.4%

ETG opened at $21.71 on Wednesday. The business’s 50-day moving average is $23.04 and its two-hundred day moving average is $22.14. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 1 year low of $15.04 and a 1 year high of $23.67.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a $0.1293 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date is Monday, March 16th.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of ETG. Morgan Stanley boosted its stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 3.7% in the fourth quarter. Morgan Stanley now owns 2,631,728 shares of the company’s stock valued at $60,793,000 after acquiring an additional 94,796 shares in the last quarter. Bank of America Corp DE increased its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.9% during the second quarter. Bank of America Corp DE now owns 1,337,856 shares of the company’s stock worth $28,015,000 after purchasing an additional 11,560 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 4.6% during the 4th quarter. Wells Fargo & Company MN now owns 719,437 shares of the company’s stock valued at $16,619,000 after purchasing an additional 31,413 shares during the last quarter. McGowan Group Asset Management Inc. boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 0.4% in the 3rd quarter. McGowan Group Asset Management Inc. now owns 623,986 shares of the company’s stock worth $13,185,000 after purchasing an additional 2,531 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 18,053.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 616,507 shares of the company’s stock worth $14,941,000 after purchasing an additional 613,111 shares in the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.