Brand Asset Management Group Inc. purchased a new stake in Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY) during the second quarter, according to its most recent filing with the SEC. The fund purchased 25,267 shares of the investment management company’s stock, valued at approximately $306,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ETY. Bruderman Asset Management LLC purchased a new position in shares of Eaton Vance Tax Managed Diversified Eq. in the 1st quarter worth $106,000. Wedbush Securities Inc. grew its stake in shares of Eaton Vance Tax Managed Diversified Eq. by 51.7% in the 1st quarter. Wedbush Securities Inc. now owns 18,904 shares of the investment management company’s stock worth $219,000 after buying an additional 6,443 shares in the last quarter. AdvisorNet Financial Inc grew its stake in shares of Eaton Vance Tax Managed Diversified Eq. by 643,333.3% in the 1st quarter. AdvisorNet Financial Inc now owns 19,303 shares of the investment management company’s stock worth $223,000 after buying an additional 19,300 shares in the last quarter. Centaurus Financial Inc. grew its stake in shares of Eaton Vance Tax Managed Diversified Eq. by 29.3% in the 1st quarter. Centaurus Financial Inc. now owns 19,655 shares of the investment management company’s stock worth $227,000 after buying an additional 4,451 shares in the last quarter. Finally, HL Financial Services LLC grew its stake in shares of Eaton Vance Tax Managed Diversified Eq. by 74.3% in the 1st quarter. HL Financial Services LLC now owns 24,389 shares of the investment management company’s stock worth $282,000 after buying an additional 10,400 shares in the last quarter.

Shares of NYSE:ETY opened at $12.67 on Friday. Eaton Vance Tax Managed Diversified Eq. has a 52 week low of $10.17 and a 52 week high of $12.89.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, August 31st. Shareholders of record on Friday, August 24th will be paid a $0.0843 dividend. This is a boost from Eaton Vance Tax Managed Diversified Eq.’s previous monthly dividend of $0.08. This represents a $1.01 dividend on an annualized basis and a dividend yield of 7.98%. The ex-dividend date is Thursday, August 23rd.

About Eaton Vance Tax Managed Diversified Eq.

Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies.

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Institutional Ownership by Quarter for Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY)

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