Eaton Vance Enhanced Equity Income Fund II $EOS Shares Sold by Shaker Financial Services LLC

Shaker Financial Services LLC decreased its position in shares of Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) by 53.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 253,907 shares of the company’s stock after selling 294,670 shares during the quarter. Eaton Vance Enhanced Equity Income Fund II comprises approximately 1.8% of Shaker Financial Services LLC’s investment portfolio, making the stock its 12th largest position. Shaker Financial Services LLC’s holdings in Eaton Vance Enhanced Equity Income Fund II were worth $5,408,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. 1607 Capital Partners LLC bought a new position in Eaton Vance Enhanced Equity Income Fund II during the fourth quarter worth $2,154,000. Integrated Capital Management Inc. bought a new position in shares of Eaton Vance Enhanced Equity Income Fund II in the 2nd quarter worth about $380,000. World Investment Advisors raised its position in shares of Eaton Vance Enhanced Equity Income Fund II by 148.1% in the 4th quarter. World Investment Advisors now owns 26,873 shares of the company’s stock worth $629,000 after acquiring an additional 16,043 shares in the last quarter. Royal Bank of Canada boosted its position in shares of Eaton Vance Enhanced Equity Income Fund II by 4.5% during the 1st quarter. Royal Bank of Canada now owns 366,367 shares of the company’s stock valued at $7,496,000 after purchasing an additional 15,912 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 8.9% in the fourth quarter. Rockefeller Capital Management L.P. now owns 119,860 shares of the company’s stock valued at $2,806,000 after buying an additional 9,822 shares during the period.

Eaton Vance Enhanced Equity Income Fund II Price Performance

Shares of Eaton Vance Enhanced Equity Income Fund II stock traded down $0.31 on Wednesday, reaching $21.26. 63,702 shares of the company’s stock were exchanged, compared to its average volume of 132,174. Eaton Vance Enhanced Equity Income Fund II has a 52 week low of $19.44 and a 52 week high of $24.03. The firm’s 50-day moving average is $21.52 and its two-hundred day moving average is $21.77.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Friday, October 30th. Stockholders of record on Thursday, October 15th will be given a dividend of $0.1523 per share. This represents a $1.83 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Thursday, October 15th.

Eaton Vance Enhanced Equity Income Fund II Profile

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.