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 September. As of September 15th, there was short interest totaling 12,581 shares, a drop of 47.2% from the August 31st total of 23,827 shares. Based on an average trading volume of 85,911 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Harbour Investments Inc. raised its holdings in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 556.4% in the 4th quarter. Harbour Investments Inc. now owns 1,641 shares of the company’s stock valued at $38,000 after acquiring an additional 1,391 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 16.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,050 shares of the company’s stock valued at $72,000 after acquiring an additional 434 shares during the period. Ascentis Independent Advisors bought a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the first quarter valued at $62,000. IFG Advisory LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter worth $200,000. Finally, Smith Asset Management Co. LLC acquired a new position in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the fourth quarter worth $206,000.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Price Performance

Shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund stock traded down $0.02 on Wednesday, reaching $23.14. The stock had a trading volume of 114,402 shares, compared to its average volume of 118,613. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a fifty-two week low of $19.34 and a fifty-two week high of $24.71. The business’s 50-day moving average price is $23.69 and its two-hundred day moving average price is $22.78.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be paid a $0.1293 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.55 dividend on an annualized basis and a dividend yield of 6.7%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a closed-end investment fund managed by Eaton Vance Management. The fund seeks to provide current income and long-term total return, with an emphasis on tax-advantaged income and capital appreciation.

ETG invests primarily in dividend-paying equity securities issued by companies in the United States and other countries. Its globally diversified portfolio may include securities across a range of industries, markets and geographic regions, allowing the fund to pursue income and growth opportunities beyond the domestic market.

The fund is part of Eaton Vance’s investment-management platform.