Eaton V.Tax-Advantaged Dividend Inc Fund (NYSE:EVT) Share Price Passes Above 50 Day Moving Average of $25.88

Share on StockTwits

Eaton V.Tax-Advantaged Dividend Inc Fund (NYSE:EVT)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $25.88 and traded as high as $26.27. Eaton V.Tax-Advantaged Dividend Inc Fund shares last traded at $26.09, with a volume of 122,071 shares changing hands.

The firm has a 50 day moving average of $25.89 and a 200 day moving average of $24.87.

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be given a $0.145 dividend. This represents a $1.74 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date of this dividend is Thursday, February 20th.

A number of large investors have recently added to or reduced their stakes in the business. UBS Group AG raised its stake in shares of Eaton V.Tax-Advantaged Dividend Inc Fund by 2.3% in the fourth quarter. UBS Group AG now owns 1,472,791 shares of the closed-end fund’s stock valued at $37,586,000 after buying an additional 33,182 shares during the period. Private Portfolio Partners LLC lifted its position in shares of Eaton V.Tax-Advantaged Dividend Inc Fund by 13.0% during the 4th quarter. Private Portfolio Partners LLC now owns 17,303 shares of the closed-end fund’s stock valued at $442,000 after buying an additional 1,995 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of Eaton V.Tax-Advantaged Dividend Inc Fund by 18.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 52,937 shares of the closed-end fund’s stock worth $1,351,000 after acquiring an additional 8,242 shares during the period. Citigroup Inc. grew its stake in shares of Eaton V.Tax-Advantaged Dividend Inc Fund by 689.9% during the 4th quarter. Citigroup Inc. now owns 20,086 shares of the closed-end fund’s stock worth $513,000 after acquiring an additional 17,543 shares during the period. Finally, Capital One National Association purchased a new stake in Eaton V.Tax-Advantaged Dividend Inc Fund in the 4th quarter worth about $245,000.

About Eaton V.Tax-Advantaged Dividend Inc Fund (NYSE:EVT)

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.

Read More: What is a portfolio manager?

Receive News & Ratings for Eaton V.Tax-Advantaged Dividend Inc Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton V.Tax-Advantaged Dividend Inc Fund and related companies with MarketBeat.com's FREE daily email newsletter.