Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT) Share Price Passes Above 50 Day Moving Average of $23.29

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $23.29 and traded as high as $23.54. Eaton Vance Tax-Advantaged Dividend Income Fund shares last traded at $23.29, with a volume of 140,113 shares.

Eaton Vance Tax-Advantaged Dividend Income Fund Stock Performance

The business has a 50 day moving average price of $23.29 and a 200-day moving average price of $22.77.

Eaton Vance Tax-Advantaged Dividend Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, June 28th. Stockholders of record on Friday, June 21st were paid a dividend of $0.165 per share. This represents a $1.98 dividend on an annualized basis and a dividend yield of 8.50%. The ex-dividend date was Friday, June 21st.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. GAMMA Investing LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 1st quarter worth approximately $35,000. Future Financial Wealth Managment LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 1st quarter worth approximately $41,000. ORG Partners LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 1st quarter worth approximately $41,000. Kessler Investment Group LLC acquired a new position in shares of Eaton Vance Tax-Advantaged Dividend Income Fund during the 1st quarter worth approximately $51,000. Finally, 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.

Eaton Vance Tax-Advantaged Dividend Income Fund Company Profile

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.