Short Interest in Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Increases By 11.1%

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 25,000 shares, a growth of 11.1% from the March 15th total of 22,500 shares. Based on an average daily trading volume, of 127,300 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of ETG. PNC Financial Services Group Inc. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 2.2% during the third quarter. PNC Financial Services Group Inc. now owns 31,278 shares of the company’s stock valued at $481,000 after purchasing an additional 676 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 4.0% during the third quarter. Stratos Wealth Partners LTD. now owns 18,396 shares of the company’s stock valued at $283,000 after purchasing an additional 700 shares during the last quarter. B. Riley Wealth Advisors Inc. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 3.3% during the fourth quarter. B. Riley Wealth Advisors Inc. now owns 22,060 shares of the company’s stock valued at $333,000 after purchasing an additional 709 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.1% during the first quarter. NewEdge Advisors LLC now owns 18,822 shares of the company’s stock valued at $299,000 after purchasing an additional 911 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 1.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 64,297 shares of the company’s stock valued at $989,000 after purchasing an additional 1,170 shares during the last quarter.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

Shares of ETG opened at $17.27 on Wednesday. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $14.08 and a one year high of $18.34. The company has a 50-day simple moving average of $17.93 and a two-hundred day simple moving average of $16.86.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be issued a $0.129 dividend. The ex-dividend date of this dividend is Monday, April 22nd. This is a positive change from Eaton Vance Tax-Advantaged Global Dividend Income Fund’s previous monthly dividend of $0.10. This represents a $1.55 annualized dividend and a yield of 8.96%.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Company Profile

Eaton Vance Tax-Advantaged Global 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 diversified sectors. The fund primarily invests in dividend paying value stocks of companies.