Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Short Interest Update

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVTGet Free Report) saw a large decline in short interest in January. As of January 31st, there was short interest totalling 26,100 shares, a decline of 44.9% from the January 15th total of 47,400 shares. Based on an average daily trading volume, of 162,700 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Tax-Advantaged Dividend Income Fund

A number of large investors have recently modified their holdings of the business. CWM LLC boosted its position in Eaton Vance Tax-Advantaged Dividend Income Fund by 498.4% during the second quarter. CWM LLC now owns 1,089 shares of the closed-end fund’s stock worth $25,000 after acquiring an additional 907 shares during the last quarter. VisionPoint Advisory Group LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 3rd quarter worth approximately $64,000. Comerica Bank acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 3rd quarter worth approximately $64,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 59.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,161 shares of the closed-end fund’s stock valued at $72,000 after purchasing an additional 1,181 shares in the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of Eaton Vance Tax-Advantaged Dividend Income Fund by 37.0% in the third quarter. IFP Advisors Inc now owns 3,700 shares of the closed-end fund’s stock valued at $78,000 after purchasing an additional 1,000 shares during the last quarter.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

Shares of NYSE EVT traded up $0.21 during midday trading on Monday, hitting $22.38. The stock had a trading volume of 134,616 shares, compared to its average volume of 133,697. The stock has a 50 day simple moving average of $21.97 and a 200-day simple moving average of $21.56. Eaton Vance Tax-Advantaged Dividend Income Fund has a 1 year low of $18.70 and a 1 year high of $24.57.

Eaton Vance Tax-Advantaged Dividend Income Fund Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 29th. Shareholders of record on Thursday, February 22nd will be issued a $0.1488 dividend. The ex-dividend date is Wednesday, February 21st. This represents a $1.79 dividend on an annualized basis and a yield of 7.98%.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

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Eaton Vance Tax-Advantaged Dividend 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 the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment.

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