Pointe Capital Management LLC boosted its stake in Eaton Vance Tax Managed Diversified Eq. (NYSE:ETY) by 4.3% during the second quarter, Holdings Channel reports. The fund owned 383,996 shares of the investment management company’s stock after buying an additional 15,751 shares during the period. Eaton Vance Tax Managed Diversified Eq. comprises 3.1% of Pointe Capital Management LLC’s holdings, making the stock its 3rd largest position. Pointe Capital Management LLC’s holdings in Eaton Vance Tax Managed Diversified Eq. were worth $4,331,000 as of its most recent filing with the SEC.

Separately, HL Financial Services LLC raised its position in shares of Eaton Vance Tax Managed Diversified Eq. by 7.3% in the second quarter. HL Financial Services LLC now owns 14,789 shares of the investment management company’s stock valued at $167,000 after buying an additional 1,000 shares during the last quarter.

Eaton Vance Tax Managed Diversified Eq. (NYSE ETY) opened at 11.40 on Thursday. The stock has a 50 day moving average price of $11.51 and a 200 day moving average price of $11.23. Eaton Vance Tax Managed Diversified Eq. has a 12 month low of $9.90 and a 12 month high of $11.80.

The company also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Thursday, August 24th will be issued a $0.084 dividend. The ex-dividend date is Tuesday, August 22nd. This represents a $1.01 annualized dividend and a yield of 8.84%.

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Separately, Stifel Nicolaus lowered Eaton Vance Tax Managed Diversified Eq. from a “buy” rating to a “hold” rating in a research 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.

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

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