Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Stock Price Crosses Above Fifty Day Moving Average of $8.00

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.00 and traded as high as $8.05. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $8.04, with a volume of 423,398 shares trading hands.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Trading Up 1.6 %

The firm’s 50-day moving average is $8.00 and its two-hundred day moving average is $7.72.

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

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Tuesday, April 23rd will be given a dividend of $0.066 per share. This represents a $0.79 annualized dividend and a yield of 9.86%. The ex-dividend date is Monday, April 22nd. This is a positive change from Eaton Vance Tax-Managed Global Diversified Equity Income Fund’s previous monthly dividend of $0.06.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Pointe Capital Management LLC grew its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.9% during the fourth quarter. Pointe Capital Management LLC now owns 176,092 shares of the financial services provider’s stock valued at $1,359,000 after purchasing an additional 1,500 shares during the last quarter. Corient Private Wealth LLC grew its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.4% during the fourth quarter. Corient Private Wealth LLC now owns 69,147 shares of the financial services provider’s stock valued at $534,000 after purchasing an additional 1,606 shares during the last quarter. Diligent Investors LLC grew its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 6.0% during the fourth quarter. Diligent Investors LLC now owns 28,313 shares of the financial services provider’s stock valued at $219,000 after purchasing an additional 1,608 shares during the last quarter. Harbor Investment Advisory LLC grew its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 103.0% during the fourth quarter. Harbor Investment Advisory LLC now owns 3,350 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 1,700 shares during the last quarter. Finally, Spire Wealth Management grew its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 12.4% during the third quarter. Spire Wealth Management now owns 16,039 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 1,767 shares during the last quarter.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

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.