Cornerstone Advisory LLP held its position in Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY) during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 50,000 shares of the investment management company’s stock at the end of the second quarter. Cornerstone Advisory LLP’s holdings in Eaton Vance Tax Managed Diversified Eq. were worth $564,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in ETY. Cambridge Investment Research Advisors Inc. boosted its position in Eaton Vance Tax Managed Diversified Eq. by 3.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 309,129 shares of the investment management company’s stock valued at $3,487,000 after buying an additional 10,279 shares during the last quarter. Usca Ria LLC purchased a new position in Eaton Vance Tax Managed Diversified Eq. during the second quarter valued at $134,000. RFG Advisory Group LLC boosted its position in Eaton Vance Tax Managed Diversified Eq. by 159.3% in the second quarter. RFG Advisory Group LLC now owns 1,385,854 shares of the investment management company’s stock valued at $15,732,000 after buying an additional 851,332 shares during the last quarter. Bank of New York Mellon Corp boosted its position in Eaton Vance Tax Managed Diversified Eq. by 14.7% in the second quarter. Bank of New York Mellon Corp now owns 23,862 shares of the investment management company’s stock valued at $269,000 after buying an additional 3,067 shares during the last quarter. Finally, LLBH Private Wealth Management LLC boosted its position in Eaton Vance Tax Managed Diversified Eq. by 46.2% in the second quarter. LLBH Private Wealth Management LLC now owns 58,947 shares of the investment management company’s stock valued at $665,000 after buying an additional 18,635 shares during the last quarter.

Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY) traded up 0.36% during trading on Wednesday, hitting $11.18. The stock had a trading volume of 28,071 shares. Eaton Vance Tax Managed Diversified Eq. has a 12 month low of $9.90 and a 12 month high of $11.80. The firm has a 50 day moving average of $11.44 and a 200-day moving average of $11.27.

The company also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Thursday, August 24th will be paid a $0.084 dividend. This represents a $1.01 annualized dividend and a dividend yield of 9.05%. The ex-dividend date is Tuesday, August 22nd.

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Separately, Stifel Nicolaus cut Eaton Vance Tax Managed Diversified Eq. from a “buy” rating to a “hold” rating in a report on Monday, June 26th.

About Eaton Vance Tax Managed Diversified Eq.

Eaton Vance Tax-Managed Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. It holds investments in various sectors, such as air freight and logistics, auto components, banks, beverages, biotechnology, capital markets, chemicals, communications equipment, containers and packaging, distributors, diversified telecommunication services, electric utilities, electrical equipment, energy equipment and services, equity real estate investment trusts, food products, healthcare equipment and services, household durables, Internet software and services, machinery, semiconductors and semiconductor equipment, software, specialty retail, tobacco, pharmaceuticals, road and rail, multi-utilities, Internet and direct marketing retail, and information technology services.

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

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