Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) Stock Price Down 0.1% – What’s Next?

Eaton Vance Enhanced Equity Income Fund (NYSE:EOI) traded down 0.1% during trading on Friday . The company traded as low as $21.06 and last traded at $21.22. 45,264 shares were traded during mid-day trading, a decline of 45% from the average session volume of 82,044 shares. The stock had previously closed at $21.24.

Eaton Vance Enhanced Equity Income Fund Price Performance

The company has a 50 day moving average of $21.17 and a 200 day moving average of $20.15.

Eaton Vance Enhanced Equity Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be issued a dividend of $0.1338 per share. This represents a $1.61 dividend on an annualized basis and a yield of 7.57%. The ex-dividend date of this dividend is Wednesday, January 15th.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its position in shares of Eaton Vance Enhanced Equity Income Fund by 1.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 33,478 shares of the company’s stock worth $650,000 after acquiring an additional 574 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its stake in Eaton Vance Enhanced Equity Income Fund by 2.4% during the third quarter. B. Riley Wealth Advisors Inc. now owns 25,756 shares of the company’s stock valued at $513,000 after purchasing an additional 596 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 8.3% during the third quarter. Sunbelt Securities Inc. now owns 8,594 shares of the company’s stock worth $174,000 after purchasing an additional 656 shares during the period. Guerra Pan Advisors LLC lifted its position in shares of Eaton Vance Enhanced Equity Income Fund by 3.6% in the 4th quarter. Guerra Pan Advisors LLC now owns 36,206 shares of the company’s stock worth $752,000 after buying an additional 1,245 shares during the last quarter. Finally, Atomi Financial Group Inc. boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund by 6.0% in the 4th quarter. Atomi Financial Group Inc. now owns 23,168 shares of the company’s stock valued at $481,000 after buying an additional 1,307 shares during the period.

Eaton Vance Enhanced Equity Income Fund Company Profile

Eaton Vance Enhanced Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund invests in the stocks of large-cap and mid-cap companies with a focus on investing in companies with above average growth and financial condition against valuation in selecting individual securities.