Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Stock Passes Above Fifty Day Moving Average of $8.04

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) shares crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $8.04 and traded as high as $8.30. Eaton Vance Tax-Managed Global Diversified Equity Income Fund shares last traded at $8.29, with a volume of 377,406 shares.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Up 0.9 %

The stock has a 50 day moving average of $8.04 and a two-hundred day moving average of $7.77.

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

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Friday, May 24th will be issued a dividend of $0.0657 per share. The ex-dividend date of this dividend is Thursday, May 23rd. This represents a $0.79 annualized dividend and a yield of 9.52%.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Allspring Global Investments Holdings LLC grew its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 602.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,140,892 shares of the financial services provider’s stock worth $16,528,000 after buying an additional 1,836,156 shares in the last quarter. 1607 Capital Partners LLC boosted its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 268.9% in the fourth quarter. 1607 Capital Partners LLC now owns 1,076,042 shares of the financial services provider’s stock valued at $8,307,000 after acquiring an additional 784,331 shares during the last quarter. Cornerstone Advisors LLC grew its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 126.3% during the 3rd quarter. Cornerstone Advisors LLC now owns 1,391,176 shares of the financial services provider’s stock worth $10,253,000 after buying an additional 776,390 shares during the period. AQR Arbitrage LLC acquired a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter worth $3,758,000. Finally, International Assets Investment Management LLC grew its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 644.7% during the fourth quarter. International Assets Investment Management LLC now owns 463,783 shares of the financial services provider’s stock worth $3,580,000 after purchasing an additional 401,507 shares during the period.

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.