Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) Shares Down 0.9% – What’s Next?

Eaton Vance Enhanced Equity Income Fund II (NYSE:EOS) shares were down 0.9% during trading on Wednesday. The stock traded as low as $21.32 and last traded at $21.3840. 67,562 shares traded hands during mid-day trading, a decline of 48% from the average daily volume of 130,076 shares. The stock had previously closed at $21.57.

Eaton Vance Enhanced Equity Income Fund II Trading Up 0.5%

The business’s fifty day simple moving average is $21.53 and its 200-day simple moving average is $21.73.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.1523 per share. This represents a $1.83 dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

A number of institutional investors and hedge funds have recently modified their holdings of EOS. Royal Bank of Canada increased its holdings in 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 worth $7,496,000 after acquiring an additional 15,912 shares during the period. Rockefeller Capital Management L.P. raised its position in shares of 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 worth $2,806,000 after buying an additional 9,822 shares in the last quarter. Landscape Capital Management L.L.C. bought a new stake in Eaton Vance Enhanced Equity Income Fund II during the fourth quarter valued at $2,398,000. 1607 Capital Partners LLC purchased a new position in Eaton Vance Enhanced Equity Income Fund II during the fourth quarter worth about $2,154,000. Finally, Roman Butler Fullerton & Co. increased its stake in Eaton Vance Enhanced Equity Income Fund II by 1.3% in the 1st quarter. Roman Butler Fullerton & Co. now owns 84,705 shares of the company’s stock worth $1,804,000 after acquiring an additional 1,085 shares during the last quarter.

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.