Eaton V.Tax-Advantaged Dividend Inc Fund (NYSE:EVT) Stock Price Passes Below Fifty Day Moving Average of $24.05

Share on StockTwits

Shares of Eaton V.Tax-Advantaged Dividend Inc Fund (NYSE:EVT) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $24.05 and traded as low as $23.16. Eaton V.Tax-Advantaged Dividend Inc Fund shares last traded at $23.16, with a volume of 2,300 shares trading hands.

The firm’s 50 day moving average price is $24.03 and its two-hundred day moving average price is $23.10.

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 23rd will be paid a $0.145 dividend. The ex-dividend date is Thursday, August 22nd. This represents a $1.74 annualized dividend and a dividend yield of 7.50%.

Several hedge funds have recently made changes to their positions in EVT. Wells Fargo & Company MN raised its holdings in Eaton V.Tax-Advantaged Dividend Inc Fund by 6.8% in the second quarter. Wells Fargo & Company MN now owns 552,927 shares of the closed-end fund’s stock valued at $13,159,000 after acquiring an additional 35,145 shares in the last quarter. First Trust Advisors LP raised its holdings in Eaton V.Tax-Advantaged Dividend Inc Fund by 0.8% in the second quarter. First Trust Advisors LP now owns 188,367 shares of the closed-end fund’s stock valued at $4,483,000 after acquiring an additional 1,509 shares in the last quarter. Advisor Group Inc. raised its holdings in Eaton V.Tax-Advantaged Dividend Inc Fund by 26.2% in the second quarter. Advisor Group Inc. now owns 141,727 shares of the closed-end fund’s stock valued at $3,374,000 after acquiring an additional 29,422 shares in the last quarter. Commonwealth Equity Services LLC raised its holdings in Eaton V.Tax-Advantaged Dividend Inc Fund by 1.4% in the second quarter. Commonwealth Equity Services LLC now owns 125,027 shares of the closed-end fund’s stock valued at $2,975,000 after acquiring an additional 1,690 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in Eaton V.Tax-Advantaged Dividend Inc Fund by 1.1% in the second quarter. Private Advisor Group LLC now owns 121,124 shares of the closed-end fund’s stock valued at $2,883,000 after acquiring an additional 1,376 shares in the last quarter.

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: How a Strangle Strategy is different from a Straddle Strategy

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.