Wolverine Asset Management LLC Takes $975,000 Position in Eaton Vance Enhanced Equity Income Fund II $EOS

Wolverine Asset Management LLC acquired a new position in Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 40,758 shares of the company’s stock, valued at approximately $975,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC increased its position in Eaton Vance Enhanced Equity Income Fund II by 229.0% in the 2nd quarter. Flaharty Asset Management LLC now owns 1,316 shares of the company’s stock worth $32,000 after buying an additional 916 shares during the period. Geneos Wealth Management Inc. boosted its position in shares of Eaton Vance Enhanced Equity Income Fund II by 44.2% in the second quarter. Geneos Wealth Management Inc. now owns 1,761 shares of the company’s stock valued at $43,000 after acquiring an additional 540 shares during the period. Kentucky Trust Co increased its position in Eaton Vance Enhanced Equity Income Fund II by 23.6% during the third quarter. Kentucky Trust Co now owns 2,225 shares of the company’s stock worth $53,000 after acquiring an additional 425 shares during the period. City Holding Co. boosted its holdings in Eaton Vance Enhanced Equity Income Fund II by 138.9% in the 3rd quarter. City Holding Co. now owns 2,293 shares of the company’s stock valued at $55,000 after purchasing an additional 1,333 shares during the period. Finally, Financial Gravity Companies Inc. bought a new position in shares of Eaton Vance Enhanced Equity Income Fund II during the 2nd quarter worth about $73,000.

Eaton Vance Enhanced Equity Income Fund II Trading Down 0.4%

NYSEARCA EOS opened at $22.62 on Friday. Eaton Vance Enhanced Equity Income Fund II has a twelve month low of $17.56 and a twelve month high of $24.71. The firm has a 50-day simple moving average of $22.89 and a 200 day simple moving average of $23.58.

Eaton Vance Enhanced Equity Income Fund II Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Stockholders of record on Thursday, January 15th will be given a dividend of $0.1523 per share. The ex-dividend date is Thursday, January 15th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%.

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.