Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Trading Up 0.9%

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS)’s stock price shot up 0.9% during mid-day trading on Tuesday . The stock traded as high as $20.76 and last traded at $20.70. 112,679 shares changed hands during trading, an increase of 29% from the average session volume of 87,311 shares. The stock had previously closed at $20.52.

Eaton Vance Enhanced Equity Income Fund II Price Performance

The business’s 50-day moving average price is $20.04 and its 200 day moving average price is $19.06.

Eaton Vance Enhanced Equity Income Fund II Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 24th will be given a dividend of $0.1523 per share. This represents a $1.83 annualized dividend and a yield of 8.83%. The ex-dividend date is Thursday, May 23rd.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Macroview Investment Management LLC boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 316.7% in the 1st quarter. Macroview Investment Management LLC now owns 1,250 shares of the company’s stock worth $25,000 after purchasing an additional 950 shares in the last quarter. Future Financial Wealth Managment LLC purchased a new stake in Eaton Vance Enhanced Equity Income Fund II in the first quarter worth approximately $61,000. Hartline Investment Corp bought a new position in Eaton Vance Enhanced Equity Income Fund II during the first quarter valued at approximately $241,000. Oppenheimer & Co. Inc. raised its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 6.3% during the first quarter. Oppenheimer & Co. Inc. now owns 23,589 shares of the company’s stock worth $476,000 after acquiring an additional 1,397 shares in the last quarter. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 8.6% in the 1st quarter. Sunbelt Securities Inc. now owns 145,415 shares of the company’s stock worth $2,933,000 after acquiring an additional 11,490 shares during the last quarter.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies.