Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) Shares Cross Above 50 Day Moving Average of $12.97

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE:ETV) shares passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.97 and traded as high as $13.24. Eaton Vance Tax-Managed Buy-Write Opportunities Fund shares last traded at $13.22, with a volume of 115,178 shares trading hands.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Stock Up 0.4 %

The firm’s 50 day simple moving average is $12.97 and its 200-day simple moving average is $12.78.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 21st will be given a $0.099 dividend. The ex-dividend date is Friday, June 21st. This represents a $1.19 dividend on an annualized basis and a dividend yield of 8.99%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ETV. Janney Montgomery Scott LLC grew its position in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 1.8% during the third quarter. Janney Montgomery Scott LLC now owns 65,199 shares of the financial services provider’s stock worth $780,000 after acquiring an additional 1,170 shares during the last quarter. UBS Group AG grew its position in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 6.3% during the 3rd quarter. UBS Group AG now owns 627,724 shares of the financial services provider’s stock worth $7,514,000 after purchasing an additional 37,154 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 7.9% in the third quarter. Envestnet Asset Management Inc. now owns 268,133 shares of the financial services provider’s stock valued at $3,210,000 after purchasing an additional 19,746 shares during the period. Invesco Ltd. raised its holdings in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 17.7% in the third quarter. Invesco Ltd. now owns 1,064,498 shares of the financial services provider’s stock valued at $12,742,000 after buying an additional 160,091 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of Eaton Vance Tax-Managed Buy-Write Opportunities Fund by 34.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 668,605 shares of the financial services provider’s stock worth $8,244,000 after buying an additional 171,122 shares during the period.

Eaton Vance Tax-Managed Buy-Write Opportunities Fund Company Profile

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors.