Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Stock Price Passes Below 200-Day Moving Average – Here’s What Happened

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $8.44 and traded as low as $8.41. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $8.42, with a volume of 521,471 shares changing hands.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Performance

The business’s 50 day moving average price is $8.47 and its 200 day moving average price is $8.44.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.0657 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $0.79 annualized dividend and a yield of 9.36%.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Hedge funds have recently made changes to their positions in the company. Hobbs Group Advisors LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the second quarter worth approximately $25,000. Darwin Wealth Management LLC purchased a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the third quarter worth $25,000. Barrett & Company Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the third quarter valued at about $38,000. Larson Financial Group LLC lifted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 228.8% in the third quarter. Larson Financial Group LLC now owns 9,000 shares of the financial services provider’s stock worth $78,000 after buying an additional 6,263 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the third quarter worth about $78,000.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

Eaton Vance Tax-Managed Global Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies.