Fund Advisors of America Inc FL Buys Shares of 108,561 Eaton Vance Enhanced Equity Income Fund II $EOS

Fund Advisors of America Inc FL bought a new stake in Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 108,561 shares of the company’s stock, valued at approximately $2,541,000. Eaton Vance Enhanced Equity Income Fund II accounts for about 2.3% of Fund Advisors of America Inc FL’s holdings, making the stock its 6th biggest position.

Several other hedge funds have also recently added to or reduced their stakes in EOS. Geneos Wealth Management Inc. lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 44.2% in the second quarter. Geneos Wealth Management Inc. now owns 1,761 shares of the company’s stock valued at $43,000 after buying an additional 540 shares during the period. Karpus Management Inc. bought a new stake in shares of Eaton Vance Enhanced Equity Income Fund II in the fourth quarter worth about $52,000. Farther Finance Advisors LLC increased its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 1,415.1% in the fourth quarter. Farther Finance Advisors LLC now owns 2,515 shares of the company’s stock worth $59,000 after acquiring an additional 2,349 shares in the last quarter. Bessemer Group Inc. bought a new stake in shares of Eaton Vance Enhanced Equity Income Fund II in the third quarter worth about $84,000. Finally, Harbor Investment Advisory LLC bought a new stake in shares of Eaton Vance Enhanced Equity Income Fund II in the fourth quarter worth about $89,000.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

Shares of Eaton Vance Enhanced Equity Income Fund II stock opened at $22.76 on Friday. Eaton Vance Enhanced Equity Income Fund II has a 1 year low of $19.44 and a 1 year high of $24.49. The business has a 50-day moving average of $21.59 and a two-hundred day moving average of $22.25.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be issued a $0.1523 dividend. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Friday, May 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.