Eaton Vance Tax Managed Buy Write Opport (NYSE:ETV) declared a monthly dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Tuesday, December 24th will be given a dividend of 0.1108 per share by the financial services provider on Tuesday, December 31st. This represents a $1.33 dividend on an annualized basis and a yield of 8.99%. The ex-dividend date is Monday, December 23rd.
ETV traded up $0.04 during trading on Wednesday, reaching $14.79. The stock had a trading volume of 197,690 shares, compared to its average volume of 228,394. The stock’s 50 day moving average is $14.96 and its two-hundred day moving average is $14.82. Eaton Vance Tax Managed Buy Write Opport has a one year low of $12.38 and a one year high of $15.67.
In other news, CEO Thomas E. Faust, Jr. sold 54,577 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $45.88, for a total transaction of $2,503,992.76. Following the completion of the transaction, the chief executive officer now directly owns 3,034,815 shares in the company, valued at $139,237,312.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Daniel C. Cataldo sold 3,773 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were sold at an average price of $45.94, for a total value of $173,331.62. Following the transaction, the insider now owns 186,407 shares of the company’s stock, valued at $8,563,537.58. The disclosure for this sale can be found here. In the last quarter, insiders sold 168,197 shares of company stock valued at $7,612,967.
Eaton Vance Tax Managed Buy Write Opport 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.
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