Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) Stock Crosses Above 50-Day Moving Average of $11.54

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY – Get Rating) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $11.54 and traded as high as $11.76. Eaton Vance Tax-Managed Diversified Equity Income Fund shares last traded at $11.66, with a volume of 210,108 shares trading hands.

Eaton Vance Tax-Managed Diversified Equity Income Fund Price Performance

The company has a 50 day moving average price of $11.54 and a 200 day moving average price of $11.54.

Eaton Vance Tax-Managed Diversified Equity Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Investors of record on Monday, May 22nd will be given a $0.0805 dividend. The ex-dividend date is Friday, May 19th. This represents a $0.97 annualized dividend and a yield of 8.28%.

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

Several large investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 2nd quarter worth approximately $26,000. TCI Wealth Advisors Inc. purchased a new stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund during the 1st quarter worth approximately $35,000. Tower Research Capital LLC TRC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 3,031.3% during the 1st quarter. Tower Research Capital LLC TRC now owns 3,006 shares of the investment management company’s stock worth $35,000 after purchasing an additional 2,910 shares during the last quarter. Oliver Lagore Vanvalin Investment Group increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 133.3% during the 4th quarter. Oliver Lagore Vanvalin Investment Group now owns 3,500 shares of the investment management company’s stock worth $38,000 after purchasing an additional 2,000 shares during the last quarter. Finally, Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 811.5% during the 1st quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 3,573 shares of the investment management company’s stock worth $49,000 after purchasing an additional 3,181 shares during the last quarter.

About Eaton Vance Tax-Managed Diversified Equity Income Fund

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Eaton Vance Tax-Managed Diversified Equity 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 stocks of companies.